APPLYING DECISION ANALYSIS FOR EFFECTIVE MANAGEMENT JUDGMENT ACROSS
DIVERSE FIELDS Sound decision-making is essential for success in
today’s complex organizational environments. Now in its sixth
edition, _Decision Analysis for Management Judgment_ provides students
and professionals with the tools and insights needed to make informed,
rational choices in the face of uncertainty. Written for managers and
students without advanced mathematical training, this leading textbook
clearly explains a wide range of decision analysis techniques while
addressing the psychological biases and pitfalls that often undermine
judgment. Throughout the text, authors Paul Goodwin and George Wright
combine behavioral insights with practical analytical tools, bridging
the gap between foundational theory and real-world practice.
Presenting complex concepts in a clear, accessible style suitable for
both students and professionals, _Decision Analysis for Management
Judgment _is an invaluable resource for anyone tasked with evaluating
alternatives, anticipating future scenarios, and balancing multiple
objectives in professional contexts. It is ideal for upper-level
undergraduate, MBA, and executive education courses in decision
analysis, management judgment, strategic planning, and environmental
planning. NEW TO THIS EDITION:
* Introduces the role of artificial intelligence in decision-making,
highlighting benefits, limitations, and future potential
* Provides a step-by-step guide to applying the Intuitive Logics
method of scenario planning
* Demonstrates a streamlined approach for integrating scenario
planning with multi-attribute decision analysis
* New practical examples illustrating successful applications of
decision analysis and scenario planning
* Includes the latest psychological research on multi-attribute
decision-making and behavioral “nudges”
* Incorporates the SPIES method for estimating probability
distributions and expands coverage of the Delphi method with
recommendations for robust implementation
* Adds Cooke’s Classical Method for aggregating expert probability
judgments and discusses the success of superforecasters
WILEY ADVANTAGE:
* Provides a reader-friendly introduction to decision analysis
without requiring advanced mathematical knowledge
* Integrates behavioral insights to address psychological biases
that can undermine managerial judgment
* Covers a wide range of qualitative and quantitative decision
analysis techniques applicable to real-world problems
* Applies concepts to diverse contexts, including business, public
administration, and environmental planning
* Encourages active learning through end-of-chapter exercises that
reinforce understanding and critical thinking
* Supports flexible teaching approaches with a companion website
containing additional exercises, case studies, quizzes, and
simulations
Les mer
Produktdetaljer
ISBN
9781394362479
Publisert
2026
Utgave
6. utgave
Utgiver
Wiley Global Education US
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter