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A process-oriented framework for the evaluation of managerial support systems

Rudolf Vetschera and Heinz Walterscheid

No 264, Discussion Papers, Series I from University of Konstanz, Department of Economics

Abstract: We propose a new method for evaluating the benefits of decision-oriented information systems. This method is based on a detailed analysis of decision processes. Using prescriptive decision theory, correct results are established for different sub-phases of the process and possible deviations from these results are analyzed. Systems are then evaluated according to their contribution to the elimination of such errors.

Date: 1993
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