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

Rex V. Brown
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Rex V. Brown: Department of Systems Engineering, George Mason University, Fairfax, Virginia 22030-4444

Interfaces, 1992, vol. 22, issue 6, 5-14

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.

Keywords: decision analysis: applications; decision analysis: criteria (search for similar items in EconPapers)
Date: 1992
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