Preface

Our Handbook of Decision Analysis is written for the decision professional. The target audience is the decision analysis practitioner who wants to increase the breadth and depth of his or her technical skills (concepts and mathematics) and soft skills (personal and interpersonal) required for success in our field. We assume the reader has a technical (engineering, science, mathematics, or operations research) or business degree; a course in probability and statistics (Appendix A provides a probability review); and, perhaps, some introduction to single or multiple objective decision analysis in a college course or a professional short course. The book is not designed to introduce new decision analysis mathematics, but rather to make the most common mathematics and best practices available to the practitioner.

The handbook is designed to be supplemental reading for professional decision analysis training courses, a reference for beginning and experienced practitioners, and a supplemental text for an undergraduate or graduate course in decision analysis. Decision analysts work in many industries and government agencies; many work in oil and gas firms, pharmaceutical firms, and military/intelligence agencies. The book should be useful to both domestic and international practitioners.

Our handbook describes the philosophy, technical concepts, mathematics, and art of decision analysis for the decision professional. The handbook includes chapters on the following topics: decision-making ...

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