Influence Diagram Retrospective

Ronald A. Howard () and James E. Matheson ()
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Ronald A. Howard: Department of Management Science and Engineering, Stanford University, Stanford, California 94305-4026
James E. Matheson: Department of Management Science and Engineering, and SmartOrg, Inc., 855 Oak Grove Avenue, Suite 202, Menlo Park, California 94025

Decision Analysis, 2005, vol. 2, issue 3, 144-147

Abstract: Since the invention of Influence diagrams in the mid-1970s, they have become a ubiquitous tool for representing uncertain situations. This single diagram replaced awkward manipulations of decision trees and nature’s trees with a single representation that displays both the sequential and informational structure of decisions. The diagram permits high-level graphic communication, clear assessments and computation in a single graphical system. This retrospective discusses the evolution and application of influence diagrams.

Keywords: influence diagram; expansion; expansion order; decision tree; decision-tree order; Bayes; arrow reversal; decision network; decision-tree network; value of clairvoyance; Bayesian network; belief network; relevance; canonical form; intelligence analysis (search for similar items in EconPapers)
Date: 2005
References: View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ordeca:v:2:y:2005:i:3:p:144-147

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