Managerial Decisions under Uncertainty An Introduction to the Analysis of Decision Making

ISBN-10: 0471858919
ISBN-13: 9780471858911
Edition: 2nd 1989
Authors: Bruce F. Baird
List price: $185.00 Buy it from $78.92
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Description: How to improve decision-making skills in realistic situations and do it in a reasonably nonmathematical fashion. Develops practical techniques for deciding upon the best strategies in a variety of situations. Provides methods for reducing complex  More...

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Book details

List price: $185.00
Edition: 2nd
Copyright year: 1989
Publisher: John Wiley & Sons, Incorporated
Publication date: 5/3/1989
Binding: Hardcover
Pages: 544
Size: 6.75" wide x 9.75" long x 1.00" tall
Weight: 1.936
Language: English

How to improve decision-making skills in realistic situations and do it in a reasonably nonmathematical fashion. Develops practical techniques for deciding upon the best strategies in a variety of situations. Provides methods for reducing complex problems to easily-drawn decision diagrams (trees), supported by real-world examples. Includes detailed cases that employ the methods described in the text. Each chapter contains illustrative examples and exercises.

Some Fundamental Concepts
Elementary Probability Theory
Random Variables and Probability Distributions
Theoretical Probability Distributions
Decision Theory and Inference
Some Elementary Bayesian Concepts
Construction of Decision Diagrams
Information and Revision of Probabilities
Probability Assessment
The Theory and Application of Utility
Sensitivity Analysis
Decision Making and the Normal Distribution
Multicriteria Decisions
Cases
Appendices
Answers to Selected Exercises
Bibliography
Index

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