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From the Editor..

Author

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  • L. Robin Keller

    (Operations and Decision Technologies, The Paul Merage School of Business, University of California, Irvine, Irvine, California 92697)

Abstract

Our first two articles address resource allocation, across risky projects and across budget allocations over time. First, Philip Bromiley demonstrates numerically that the interaction between cumulative prospect theory parameters rules out the ability to make simple general predictions of resource allocation choices in “A Prospect Theory Model of Resource Allocation.” Our second article, by Pekka Mild and Ahti Salo, on “Combining a Multiattribute Value Function with an Optimization Model: An Application to Dynamic Resource Allocation for Infrastructure Maintenance,” reports a generic model for allocating maintenance budgets over time that was originally developed for the Finnish Road Administration. Our third article, by Jesus Rios and David Rios Insua, develops a method for “Supporting Negotiations over Influence Diagrams,” for when there is disagreement about utilities and probabilities. Fourth, Ben Ewing and Erin Baker present their work on the “Development of a Green Building Decision Support Tool: A Collaborative Process.” In our final article, “On the Decision to Take a Pitch,” J. Eric Bickel analyzes a common decision in baseball, contributing to the area of sports decision analysis.

Suggested Citation

  • L. Robin Keller, 2009. "From the Editor..," Decision Analysis, INFORMS, vol. 6(3), pages 121-123, September.
    • Handle: RePEc:inm:ordeca:v:6:y:2009:i:3:p:121-123
    DOI: 10.1287/deca.1090.0156
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    References listed on IDEAS

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    1. Don N. Kleinmuntz & George Wu, 2006. "From the Special Issue Editors... Special Issue on Psychology and Decision Analysis," Decision Analysis, INFORMS, vol. 3(3), pages 121-123, September.
    2. Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    3. Ben Ewing & Erin Baker, 2009. "Development of a Green Building Decision Support Tool: A Collaborative Process," Decision Analysis, INFORMS, vol. 6(3), pages 172-185, September.
    4. Dennis M. Buede, 2005. "Influence Diagrams: A Practitioner's Perspective," Decision Analysis, INFORMS, vol. 2(4), pages 235-237, December.
    5. Manel Baucells & Cristina Rata, 2006. "A Survey Study of Factors Influencing Risk-Taking Behavior in Real-World Decisions Under Uncertainty," Decision Analysis, INFORMS, vol. 3(3), pages 163-176, September.
    6. Jason R. W. Merrick & Gregory S. Parnell & Jamison Barnett & Margot Garcia, 2005. "A Multiple-Objective Decision Analysis of Stakeholder Values to Identify Watershed Improvement Needs," Decision Analysis, INFORMS, vol. 2(1), pages 44-57, March.
    7. J. Eric Bickel, 2009. "On the Decision to Take a Pitch," Decision Analysis, INFORMS, vol. 6(3), pages 186-193, September.
    8. Craig Boutilier, 2005. "The Influence of Influence Diagrams on Artificial Intelligence," Decision Analysis, INFORMS, vol. 2(4), pages 229-231, December.
    9. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    10. David Matheson & James E. Matheson, 2005. "Describing and Valuing Interventions That Observe or Control Decision Situations," Decision Analysis, INFORMS, vol. 2(3), pages 165-181, September.
    11. J. Eric Bickel & James E. Smith, 2006. "Optimal Sequential Exploration: A Binary Learning Model," Decision Analysis, INFORMS, vol. 3(1), pages 16-32, March.
    12. Philip Bromiley, 2009. "A Prospect Theory Model of Resource Allocation," Decision Analysis, INFORMS, vol. 6(3), pages 124-138, September.
    13. Robert T. Clemen & Don N. Kleinmuntz, 2006. "From the Editors ..," Decision Analysis, INFORMS, vol. 3(2), pages 61-62, June.
    14. J. Eric Bickel, 2004. "Teaching Decision Making with Baseball Examples," INFORMS Transactions on Education, INFORMS, vol. 5(1), pages 2-9, September.
    15. J. Eric Bickel, 2008. "The Relationship Between Perfect and Imperfect Information in a Two-Action Risk-Sensitive Problem," Decision Analysis, INFORMS, vol. 5(3), pages 116-128, September.
    16. J. Eric Bickel, 2006. "Some Determinants of Corporate Risk Aversion," Decision Analysis, INFORMS, vol. 3(4), pages 233-251, December.
    17. Alan J. Brothers & Shas V. Mattigod & Denis M. Strachan & Gordon H. Beeman & Paul K. Kearns & Angelo Papa & Carlo Monti, 2009. "Resource-Limited Multiattribute Value Analysis of Alternatives for Immobilizing Radioactive Liquid Process Waste Stored in Saluggia, Italy," Decision Analysis, INFORMS, vol. 6(2), pages 98-114, June.
    18. Judea Pearl, 2005. "Influence Diagrams---Historical and Personal Perspectives," Decision Analysis, INFORMS, vol. 2(4), pages 232-234, December.
    19. Barry R. Cobb, 2007. "Influence Diagrams with Continuous Decision Variables and Non-Gaussian Uncertainties," Decision Analysis, INFORMS, vol. 4(3), pages 136-155, September.
    20. Apiruk Detwarasiti & Ross D. Shachter, 2005. "Influence Diagrams for Team Decision Analysis," Decision Analysis, INFORMS, vol. 2(4), pages 207-228, December.
    21. Martin S. Schilling & Nadine Oeser & Cornelius Schaub, 2007. "How Effective Are Decision Analyses? Assessing Decision Process and Group Alignment Effects," Decision Analysis, INFORMS, vol. 4(4), pages 227-242, December.
    22. William K. Klimack & Jack M. Kloeber, 2006. "Multiobjective Value Analysis of Army Basic Training," Decision Analysis, INFORMS, vol. 3(1), pages 50-58, March.
    23. Stephen G. Pauker & John B. Wong, 2005. "The Influence of Influence Diagrams in Medicine," Decision Analysis, INFORMS, vol. 2(4), pages 238-244, December.
    24. Keith A. Willoughby & Kent J. Kostuk, 2005. "An Analysis of a Strategic Decision in the Sport of Curling," Decision Analysis, INFORMS, vol. 2(1), pages 58-63, March.
    25. J. Eric Bickel, 2007. "Some Comparisons among Quadratic, Spherical, and Logarithmic Scoring Rules," Decision Analysis, INFORMS, vol. 4(2), pages 49-65, June.
    26. Jesus Rios & David Rios Insua, 2009. "Supporting Negotiations over Influence Diagrams," Decision Analysis, INFORMS, vol. 6(3), pages 153-171, September.
    27. Robin Gregory & Baruch Fischhoff & Tim McDaniels, 2005. "Acceptable Input: Using Decision Analysis to Guide Public Policy Deliberations," Decision Analysis, INFORMS, vol. 2(1), pages 4-16, March.
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    Cited by:

    1. L. Robin Keller & Kelly M. Kophazi, 2009. "From the Editors..," Decision Analysis, INFORMS, vol. 6(2), pages 53-56, June.

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