Overview:Evaluation and Decision Models: A Critical Perspective - International Series in Operations Research & Management Science 32 - 1. 1 Motivations Deciding is a very complex and difficult task. Some people even argue that our ability to make decisions in complex situations is the main feature that distinguishes us from animals (it is also common to say that laughing is the main difference). Nevertheless, when the task is too complex or the interests at stake are too important, it quite often happens that we do not know or we are not sure what to decide and, in many instances, we resort to a decision support technique: an informal one-we toss a coin, we ask an oracle, we visit an astrologer, we consult an expert, we think-or a formal one. Although informal decision support techniques can be of interest, in this book, we will focus on formal ones. Among the latter, we find some well-known decision support techniques: cost-benefit analysis, multiple criteria decision analysis, decision trees, . . . But there are many other ones, sometimes not presented as decision support techniques, that help making decisions. Let us cite but a few examples. * When the director of a school must decide whether a given student will pass or fail, he usually asks each teacher to assess the merits of the student by means of a grade. The director then sums the grades and compares the result to a threshold. * When a bank must decide whether a given client will obtain a credit or not, a technique, called credit scoring, is often used.

This book is on page /88f0ff300130a9332bf7ee8997e69000/book/1603728487-9781461356318. It was written by the following authors: Patrice Perny, P. Vincke, Marc Pirlot, Thierry Marchant, Denis Bouyssou, Alexis Tsoukias. Book Evaluation and Decision Models: A Critical Perspective - International Series in Operations Research & Management Science 32, which can be read online, published by the company: Springer-Verlag New York Inc.. Other books on similar topics can be found in sections: Finance, Business, Law. The book was published on 2012-10-26 00:00:00. It has 274 pages and is published in Paperback format and weight 444 g. File for download Evaluation and Decision Models: A Critical Perspective - International Series in Operations Research & Management Science 32 has PDF format and is called evaluation-and-decision-models-a-critical-perspective-international-series-in-operations-research-management-science-32.pdf. Other books you can download below. Our nottedeiricercatoriaq.it site is not responsible for the content of PDF files.


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