This text is devoted to a special class of decision making problems, called "unstructured problems". The peculiarity of these problems is connected with the essentially qualitative description of the involved factors and the subjective character of relations between these factors. The work describes the world of human decisions and methods of action that improve the chances of making sensible decisions in a complicated, contradictory and incompletely definite environment. A new procedure of decision making in non-structured problems is constructed and some methods that are logical inferences from it are demonstrated. The studies proceed from the contradiction between the normative methods of decision making, which prescribes the decision maker how to make the best decisions and the descriptive results showing how in real life people act when making a decision. The authors propose an approach that integrates modelling procedures with elicitation methods.
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A central problem of prescriptive decision making is the mismatch between the elegant formal models of decision theory and the less elegant, informal thinking of decision makers, especially when dealing with ill-structured situations.
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Product details
ISBN
9780792345787
Published
1997-06-30
Publisher
Kluwer Academic Publishers
Height
234 mm
Width
156 mm
Age
Research, P, 06
Language
Product language
Engelsk
Format
Product format
Innbundet
Number of pages
12