Decision Analysis for Management Judgment

Rating:
Summary: A top-notch text, well designed, interesting; recommended.
Review: Draws together ideas from management science, statistics and psychology to present techniques and approaches to decision-making. Covers such topics as probability, utility, uncertainty, analytic hierarchy process, and simulation. The text explains the use of decision trees and influence diagrams. Chapters include discussion questions and references. Highly accessible and well designed text that makes an excellent introduction to this subject. Reviewed by Gerry Stern, founder, Stern & Associates, author of Stern's Sourcefinder The Master Directory to HR and Business Management Information & Resources, Stern's CyberSpace SourceFinder, and the Compensation and Benefits SourceFinder.

Rating:
Summary: An excellent book-easy to read, comprehensive and up-to-date
Review: This book is an excellent intoduction to decision analysis.Written in an easy-to read style, it covers a very wide range of topics, but never treats them superfically. Throughout the book the emphasis is on applications and the authors take a balanced view of the strengths and limitations of decision analysis as an aid to decsion making. The book is full of exercises and discussion questions and you can even obtain discounts on purchases of major decsion analysis software products if you buy it.