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The Founding of INFORMS: A Decision Analysis Perspective

Author

Listed:
  • L. Robin Keller

    (University of California, Irvine, California)

  • Craig W. Kirkwood

    (Arizona State University, Tempe, Arizona)

Abstract

We provide a decision analysis perspective on the decision making process leading to the merger of The Institute of Management Sciences (TIMS) and the Operations Research Society of America (ORSA) to form the Institute for Operations Research and the Management Sciences (INFORMS). Throughout the merger negotiation era from 1989 until the merger in 1995, discussion regarding a possible merger was framed in an objectives-oriented manner characteristic of decision analysis methods. In addition, as ORSA and TIMS officers, we applied multiobjective decision analysis and financial analysis methods in portions of the planning and negotiation process leading to the formation of INFORMS. The merger process serves as an instructive case study of the uses and limitations of formal decision analysis methods in strategy formulation and implementation.

Suggested Citation

  • L. Robin Keller & Craig W. Kirkwood, 1999. "The Founding of INFORMS: A Decision Analysis Perspective," Operations Research, INFORMS, vol. 47(1), pages 16-28, February.
    • Handle: RePEc:inm:oropre:v:47:y:1999:i:1:p:16-28
    DOI: 10.1287/opre.47.1.16
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    References listed on IDEAS

    as
    1. Thomas L. Saaty, 1994. "How to Make a Decision: The Analytic Hierarchy Process," Interfaces, INFORMS, vol. 24(6), pages 19-43, December.
    2. Dennis M. Buede, 1986. "Structuring Value Attributes," Interfaces, INFORMS, vol. 16(2), pages 52-62, April.
    3. Edwards, Ward & Barron, F. Hutton, 1994. "SMARTS and SMARTER: Improved Simple Methods for Multiattribute Utility Measurement," Organizational Behavior and Human Decision Processes, Elsevier, vol. 60(3), pages 306-325, December.
    4. Melvin E. Salveson, 1997. "The Institute of Management Sciences: A Prehistory and Commentary on the Occasion of TIMS' 40th Anniversary," Interfaces, INFORMS, vol. 27(3), pages 74-85, June.
    5. Craig W. Kirkwood, 1990. "Does Operations Research Address Strategy?," Operations Research, INFORMS, vol. 38(5), pages 747-751, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. 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.
    2. Han Bleichrodt & Umut Keskin & Kirsten I. M. Rohde & Vitalie Spinu & Peter Wakker, 2015. "Discounted Utility and Present Value—A Close Relation," Operations Research, INFORMS, vol. 63(6), pages 1420-1430, December.
    3. Matthew Liberatore & Wenhong Luo, 2011. "INFORMS and the Analytics Movement: The View of the Membership," Interfaces, INFORMS, vol. 41(6), pages 578-589, December.
    4. Attah-Boakye, Rexford & Adams, Kweku & Hernandez-Perdomo, Elvis & Yu, Honglan & Johansson, Jeaneth, 2023. "Resource re-orchestration and firm survival in crisis periods: The role of business models of technology MNEs during COVID-19," Technovation, Elsevier, vol. 125(C).
    5. Tianjun Feng & L. Robin Keller, 2006. "A Multiple-Objective Decision Analysis for Terrorism Protection: Potassium Iodide Distribution in Nuclear Incidents," Decision Analysis, INFORMS, vol. 3(2), pages 76-93, June.
    6. L. Robin Keller & Craig W. Kirkwood & Nancy S. Jones, 2010. "Assessing stakeholder evaluation concerns: An application to the Central Arizona water resources system," Systems Engineering, John Wiley & Sons, vol. 13(1), pages 58-71, March.

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