Comment on Influence Diagram Retrospective
Ronald A. Howard (),
James E. Matheson (),
Miley W. (Lee) Merkhofer (),
Allen C. Miller () and
D. Warner North ()
Additional contact information
Ronald A. Howard: Management Science and Engineering Department, Stanford University, Terman Engineering Center 700-420, Stanford, California 94305-4026
James E. Matheson: Department of Management Science and Engineering, Stanford University, and SmartOrg, Inc., 855 Oak Grove Avenue, Suite 202, Menlo Park, California 94025
Miley W. (Lee) Merkhofer: Lee Merkhofer Consulting, 22706 Medina Court, Cupertino, California 95014
Allen C. Miller: Decision Analysis Company LLC, 25020 Pine Hills Drive, Carmel, California 93923
D. Warner North: Department of Management Science and Engineering, Stanford University, and NorthWorks, Inc., 1002 Misty Lane, Belmont, California 94002
Decision Analysis, 2006, vol. 3, issue 2, 117-119
Abstract:
Influence diagrams were first used in 1973 as a way to model political conflicts in the Persian Gulf and measure the value of information collected by the Defense Intelligence Agency. The number of scenarios for events in the region was too large to be represented as a conventional decision tree model. Influence diagrams were initially conceived as a way to create smaller, coalesced decision trees that required fewer probability assessments. However we found that they also facilitated communication between analysts, experts, and policy makers. Influence diagrams later became the basis for new ways of solving decision models.
Keywords: influence diagram; decision tree; Bayes; arrow reversal; decision network; decision-tree network; value of clairvoyance; Bayesian network; belief network; relevance; intelligence analysis (search for similar items in EconPapers)
Date: 2006
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://dx.doi.org/10.1287/deca.1060.0070 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:inm:ordeca:v:3:y:2006:i:2:p:117-119
Access Statistics for this article
More articles in Decision Analysis from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().