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The State of the Art of Decision Analysis: A Personal Perspective

Author

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  • Rex V. Brown

    (Department of Systems Engineering, George Mason University, Fairfax, Virginia 22030-4444)

Abstract

“Personalized” decision analysis (like most quantitative analysis of decisions) has a long way to go before it realizes its potential for being widely used and found useful. Common practice of ten stumbles on “people” rather than on logic problems. Procedures need to be more closely adapted to the intended user and his or her institutional context, based on empirical and behavioral research.

Suggested Citation

  • Rex V. Brown, 1992. "The State of the Art of Decision Analysis: A Personal Perspective," Interfaces, INFORMS, vol. 22(6), pages 5-14, December.
    • Handle: RePEc:inm:orinte:v:22:y:1992:i:6:p:5-14
    DOI: 10.1287/inte.22.6.5
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    Citations

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    Cited by:

    1. Rex V. Brown, 2009. "Working with Policy Makers on Their Choices: A Decision Analyst Reminisces," Decision Analysis, INFORMS, vol. 6(1), pages 14-24, March.
    2. Donald L. Keefer & Craig W. Kirkwood & James L. Corner, 2004. "Perspective on Decision Analysis Applications, 1990–2001," Decision Analysis, INFORMS, vol. 1(1), pages 4-22, March.
    3. Rex V. Brown, 2012. "Decision theory as an aid to private choice," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 7(2), pages 207-223, March.
    4. repec:cup:judgdm:v:7:y:2012:i:2:p:207-223 is not listed on IDEAS

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