Decision Analysis and Behavioral Research

Type
Book
Authors
von Winterfeldt ( von Winterfeldt, Detlof )
Edwards ( Edwards, Ward )
 
ISBN 10
0521273048 
ISBN 13
9780521273046 
Category
Unknown  [ Browse Items ]
Publication Year
1986 
Pages
624 
Description
Decision analysis is a technology designed to help individuals and organizations make wise inferences and decisions. It synthesises ideas from economics, statistics, psychology, operations research, and other disciplines. A great deal of behavioural research is relevant to decision analysis; behavioural scientists have both suggested easy and natural ways to describe and quantify problems and shown the kind of errors to which unaided intuitive judgements can lead. This long-awaited book offers the4first integrative presentation of the principles of decision analysis in a behavioural context. The authors break new ground on a variety of technical topics (sensitivity analysis, the value-utility distinction, multistage inference, attitudes toward risk), and attempt to make intuitive sense out of what have been treated in the literature as endemic biases and other errors of human judgement. Those interested in artificial intelligence will find it the easiest presentation of hierarchical Bayesian inference available. - from Amzon 
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