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Applied Decision Analysis
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Book Synopsis Coping with Risk in Agriculture, 3rd Edition by : J Brian Hardaker
Download or read book Coping with Risk in Agriculture, 3rd Edition written by J Brian Hardaker and published by CABI. This book was released on 2015-04-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this book is an indispensable guide for students and researchers of agriculture and agribusiness management.
Book Synopsis Decision Analysis by : Ronald A. Howard
Download or read book Decision Analysis written by Ronald A. Howard and published by . This book was released on 1966 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Francisco Javier Girón Publisher :Springer Science & Business Media ISBN 13 :9401707596 Total Pages :257 pages Book Rating :4.4/5 (17 download)
Book Synopsis Applied Decision Analysis by : Francisco Javier Girón
Download or read book Applied Decision Analysis written by Francisco Javier Girón and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking advantage of the many specialists visiting Spain prior to the INFORMS Meeting in Barcelona, hold from July 14th to July 17th 1997, we organized a work shop on Decision Analysis Applications at the Real Academia de Ciencias, Madrid, Spain, from J uly 11th to 12th 1997, under the sponsorship of de the Instituto Espaiia. This workshop had a precedent in the International Conference Decision Making: Towards the 21st Century also held at the Real Academia de Ciencias in 1993. The idea of organizing an event, this time devoted to applications of Decision Analysis, was due to Prof. Sixto Rfos, who some four years ago, .sponsored and encouraged by the Royal Academy of Sciences, was the creator of an Interdisciplinary Working Group on Decision Analysis -formed with researchers from within and outside this Academy- which has been active since then, organizing periodical meetings, and whose last project has tumed out into this Workshop. The workshop turned out to be an stimulating opportunity for communicating and discussing the enormous variety of applications of Decision Sciences. In this volume we have included most of the invited papers and a selection of refereed contributed papers. Due to the varied nature of the applications, we have grouped them into five groups ending, as way of an epilog, with a paper by Sarin which contains important insights and reftections on the nature of Decision Analysis in public and private sectors.
Book Synopsis Applied decision analysis by : Derek W. Bunn
Download or read book Applied decision analysis written by Derek W. Bunn and published by . This book was released on 1984 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Decision Analysis for Management Judgment by : Paul Goodwin
Download or read book Decision Analysis for Management Judgment written by Paul Goodwin and published by John Wiley & Sons. This book was released on 2014-05-12 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Analysis for Management Judgment is unique in its breadth of coverage of decision analysis methods. It covers both the psychological problems that are associated with unaided managerial decision making and the decision analysis methods designed to overcome them. It is presented and explained in a clear, straightforward manner without using mathematical notation. This latest edition has been fully revised and updated and includes a number of changes to reflect the latest developments in the field.
Author :Andrew J. Hughes Hallett Publisher :Springer Science & Business Media ISBN 13 :9400961618 Total Pages :359 pages Book Rating :4.4/5 (9 download)
Book Synopsis Applied Decision Analysis and Economic Behaviour by : Andrew J. Hughes Hallett
Download or read book Applied Decision Analysis and Economic Behaviour written by Andrew J. Hughes Hallett and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: The optimisation of economic systems over time, and in an uncertain environment, is central to the study of economic behaviour. The behaviour of rational decision makers, whether they are market agents, firms, or governments and their agencies, is governed by decisions designed to seeure the best outcomes subject to the perceived information and economic responses (inlcuding those of other agents). Economic behaviour has therefore to be analysed in terms of the outcomes of a multiperiod stochastic optimisation process containing four main components: the economic responses (the dynamic constraints, represented by an economic model); the objec tive function (the goals and their priorities); the conditioning information (expected exogenous events and the expected future state of the economy); and risk manage ment (how uncertainties are accommodated). The papers presented in this book all analyse some aspect of economic behaviour related to the objectives, information, or risk components of the decision process. While the construction of economic models obviously also has a vital role to play, that component has received much greater (or almost exclusive) attention elsewhere. These papers examine optimising behaviour in a wide range of economic problems, both theoretical and applied. They reflect a variety of concerns: economic responses under rational expectations; the Lucas critique and optimal fiscal or monetary poli eies; market management; partly endogenous goals; evaluating government reactions; locational decisions; uncertainty and information structures; and forecasting with endogenous reactions.
Book Synopsis How Do Leaders Make Decisions? by : Alex Mintz
Download or read book How Do Leaders Make Decisions? written by Alex Mintz and published by Emerald Group Publishing. This book was released on 2019-12-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding how leaders make foreign policy and national security decisions is of paramount importance for the policy community and academia. This book explores how leaders such as Trump, Obama, Netanyahu and others make decisions using the Applied Decision Analysis (ADA) method.
Book Synopsis Applied Decision Analysis by : Francisco Javier Girón
Download or read book Applied Decision Analysis written by Francisco Javier Girón and published by Springer. This book was released on 2014-03-14 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking advantage of the many specialists visiting Spain prior to the INFORMS Meeting in Barcelona, hold from July 14th to July 17th 1997, we organized a work shop on Decision Analysis Applications at the Real Academia de Ciencias, Madrid, Spain, from J uly 11th to 12th 1997, under the sponsorship of de the Instituto Espaiia. This workshop had a precedent in the International Conference Decision Making: Towards the 21st Century also held at the Real Academia de Ciencias in 1993. The idea of organizing an event, this time devoted to applications of Decision Analysis, was due to Prof. Sixto Rfos, who some four years ago, .sponsored and encouraged by the Royal Academy of Sciences, was the creator of an Interdisciplinary Working Group on Decision Analysis -formed with researchers from within and outside this Academy- which has been active since then, organizing periodical meetings, and whose last project has tumed out into this Workshop. The workshop turned out to be an stimulating opportunity for communicating and discussing the enormous variety of applications of Decision Sciences. In this volume we have included most of the invited papers and a selection of refereed contributed papers. Due to the varied nature of the applications, we have grouped them into five groups ending, as way of an epilog, with a paper by Sarin which contains important insights and reftections on the nature of Decision Analysis in public and private sectors.
Book Synopsis Rational Choice and Judgment by : Rex Brown
Download or read book Rational Choice and Judgment written by Rex Brown and published by John Wiley & Sons. This book was released on 2005-05-06 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tools needed to make a better, more informed decision. Decision analysis (DA) is the logic of making a decision using quantitative models of the decider's factual and value judgments. DA is already widely used in business, government, medicine, economics, law, and science. However, most resources present only the logic and models rather than demonstrating how these methods can be effectively applied to the real world. This book offers an innovative approach to decision analysis by focusing on decision-making tools that can be utilized immediately to make better, more informed decisions. It uses no mathematics beyond arithmetic. Examining how deciders think about their choices, this book provides problem-solving techniques that not only reflect sound modeling but also meet other essential requirements: they build on the thinking and knowledge that deciders already possess; they provide knowledge in a form that people are able and willing to provide; they produce results that the decider can use; and they are based on intimate and continuous interactions with the decider. The methods outlined in this text take into account such factors as the use, the user, the organization, available data, and subjective knowledge. Replete with exercises, case studies, and observations from the author’s own extensive consulting experience, the book quickly engages readers and enables them to master decision analysis by doing rather than by simply reading. Using familiar situations, it demonstrates how to handle knowledge as it unfolds in the real world. A term project is presented in the final chapter, in which readers can select an actual decision-making problem and apply their newfound tools to prepare a recommendation. A sample report is provided in the appendix. Beginning with qualitative structuring, the text advances to sophisticated quantitative skills that can be applied in both public and private enterprise, including: · Modeling decision-making under conditions of uncertainty or multiple objectives Risk analysis and assessment Communicating and justifying controversial decisions Personal life choices and political judgments Adapting decision aid to organizations The book's broad applicability makes it an excellent resource for any organization or as a textbook for decision-making courses in a variety of fields, including public policy, business management, systems engineering and general education. An Instructor's Manual presenting detailed solutions to all the problems in the book is available from the Wiley editorial department.
Book Synopsis Winning at Litigation through Decision Analysis by : John Celona
Download or read book Winning at Litigation through Decision Analysis written by John Celona and published by Springer. This book was released on 2016-06-01 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first in-depth guide to applying the philosophy, theory, and methods of decision analysis to creating and executing winning legal strategies. With explanations that progress from introductory to advanced and practice problems at the end of each chapter, this is a book the reader will want to use and refer to for years to come. Practicing decision analysts, operations research and management science students, attorneys and law students will find this book an invaluable addition to their knowledge and skills. John Celona has over three decades of experience in teaching and applying decision analysis. John lectures in the School of Engineering at Stanford University and is on faculty at The Stanford Center for Professional Development, the American Course on Drug Development and Regulatory Sciences, and the Academy of the American Society for Healthcare Risk Management.
Book Synopsis Applied Decision-making in Civil Engineering by : Oliver Kübler
Download or read book Applied Decision-making in Civil Engineering written by Oliver Kübler and published by vdf Hochschulverlag AG. This book was released on 2007 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Decision Science and Social Risk Management by : M.W Merkhofer
Download or read book Decision Science and Social Risk Management written by M.W Merkhofer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists, decision analysts, management scientists, and others have long argued that government should take a more scientific approach to decision making. Pointing to various theories for prescribing and rational izing choices, they have maintained that social goals could be achieved more effectively and at lower costs if government decisions were routinely subjected to analysis. Now, government policy makers are putting decision science to the test. Recent government actions encourage and in some cases require government decisions to be evaluated using formally defined principles 01' rationality. Will decision science pass tbis test? The answer depends on whether analysts can quickly and successfully translate their theories into practical approaches and whether these approaches promote the solution of the complex, highly uncertain, and politically sensitive problems that are of greatest concern to government decision makers. The future of decision science, perhaps even the nation's well-being, depends on the outcome. A major difficulty for the analysts who are being called upon by government to apply decision-aiding approaches is that decision science has not yet evolved a universally accepted methodology for analyzing social decisions involving risk. Numerous approaches have been proposed, including variations of cost-benefit analysis, decision analysis, and applied social welfare theory. Each of these, however, has its limitations and deficiencies and none has a proven track record for application to govern ment decisions involving risk. Cost-benefit approaches have been exten sively applied by the government, but most applications have been for decisions that were largely risk-free.
Book Synopsis Economic Decision Analysis by : Wolter J. Fabrycky
Download or read book Economic Decision Analysis written by Wolter J. Fabrycky and published by Prentice Hall. This book was released on 1974 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook on decision making for decisions involving capital investment, with particular reference to the use of mathematical models - covers cost benefit analysis of economic alternatives, mathematical analysis of risks and uncertainties, economic modeling techniques, etc. Graphs and references.
Book Synopsis Decision Analysis Applied to the Field of Environmental Health by : Dilber Uzun Ozsahin
Download or read book Decision Analysis Applied to the Field of Environmental Health written by Dilber Uzun Ozsahin and published by Springer Nature. This book was released on 2022-04-01 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides students and researchers with a resource that includes the current application of the multi-criteria decision theory in a variety of fields, including the environment, health care, engineering, and architecture. There are many critical parameters (criteria) that can directly or indirectly affect the consequences of various decisions. The application of the multi-criteria decision theory focusses mainly on the use of computational methods which include multiple criteria and orders of preference for the evaluation and the selection of the best option among many alternatives based on the desired outcome. The theory of multi-criteria decision making (MCDM) is an approach that can be extremely useful for students, managers, engineers of manufacturing companies, etc.
Book Synopsis Readings in Decision Analysis by : S. French
Download or read book Readings in Decision Analysis written by S. French and published by CRC Press. This book was released on 2020-11-26 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an introduction to decision analysis. This book is based upon a number of papers and articles taken from the Operational Research Society's journal and other publications. However, the book is not simply a 'collection of reprints': Professor French has provided extensive notes and commentary to weave the extracts into a coherent whole. Although techniques are presented, the main thrust is to convey the purpose of decision analysis and the interpretation that should be placed upon its output: vital topics, but ones seldom discussed in introductory texts. The writing is aimed at the non-technical reader.
Book Synopsis Decision Analysis for Managers by : David Charlesworth
Download or read book Decision Analysis for Managers written by David Charlesworth and published by Business Expert Press. This book was released on 2013-03-13 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everybody has to make decisions—they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be dif_ cult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, etc. This book gives you all the tools you need to... • clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, • develop and examine alternatives, • systematically analyze the effects of risk and uncertainty, and • maximize the chances of achieving your goals and objectives. Success (getting what you want) depends on luck and good decision making. You can’t control your luck, but you can maximize your odds by making the best possible decisions, and this book gets you there. Broadly speaking, this book organizes and presents otherwise formal decision-making tools in an intuitively understandable fashion. The presentation is informal, but the concepts and tools are research-based and formally accepted.
Book Synopsis Multi-Criteria Decision Analysis via Ratio and Difference Judgement by : Freerk A. Lootsma
Download or read book Multi-Criteria Decision Analysis via Ratio and Difference Judgement written by Freerk A. Lootsma and published by Springer Science & Business Media. This book was released on 2007-08-23 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The point of departure in the present book is that the decision makers, involved in the evaluation of alternatives under conflicting criteria, express their preferential judgement by estimating ratios of subjective values or differences of the corresponding logarithms, the so-called grades. Three MCDA methods are studied in detail: the Simple Multi-Attribute Rating Technique SMART, as well as the Additive and the Multiplicative AHP, both pairwise-comparison methods which do not suffer from the well-known shortcomings of the original Analytic Hierarchy Process. Context-related preference modelling on the basis of psycho-physical research in visual perception and motor skills is extensively discussed in the introductory chapters. Thereafter many extensions of the ideas are presented via case studies in university administration, health care, environmental assessment, budget allocation, and energy planning at the national and the European level. The issues under consideration are: group decision making with inhomogeneous power distributions, the search for a compromise solution, resource allocation and fair distributions, scenario analysis in long-term planning, conflict analysis via the pairwise comparison of concessions, and multi-objective optimization. The final chapters are devoted to the fortunes of MCDA in the hands of its designers. The research started in the late seventies, when I got involved in three different problems: the nomination procedures in a university, the evaluation of alternative energy-research proposals, and the evaluation of non-linear programming software.
