Decision making and forecasting : with emphasis on model building and policy analysis

Marshall, Kneale T. ;

Decision making and forecasting : with emphasis on model building and policy analysis - New York : McGraw-Hill, c1995. - xviii, 407 p. : illustrations ;

1. Basic Concepts --
2. Using Baseline Forecasts --
3. Forecasts for Decision Models --
4. Model Building --
5. Model Analysis --
6. Subjective Measures and Utility --
7. Multiattribute Problems --
8. Forecast Performance --
9. Advanced Concepts.

This book discusses how to design the most important features of realistic decision problems into analytical models that reveal their structure and give insight. Emphasis is on model formulation using graphical techniques with influence diagrams and decision trees. Decision Making and Forecasting shows how forecasting must be integrated with decision making in a coherent manner and makes frequent use of the economic value of forecasts.

9780070480278 0070480273 9780071139700 0071139702


Decision making
Operations research.

658.4033 / MAR

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