Decision Analysis as an Aid to Strategy

Statistical decision theory is a theory of decision-making, i.e., of selecting among alternatives. It is not a theory of problem solving, i.e., of finding the cause of a particular set of symptoms. Thus, if the problem or opportunity is defined poorly even the best analysis thereafter will be of lim...

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Main Authors: Thomas, Howard, Schwenk, C. R.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1984
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3950
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Institution: Singapore Management University
Language: English
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spelling sg-smu-ink.lkcsb_research-49492014-08-01T01:36:20Z Decision Analysis as an Aid to Strategy Thomas, Howard Schwenk, C. R. Statistical decision theory is a theory of decision-making, i.e., of selecting among alternatives. It is not a theory of problem solving, i.e., of finding the cause of a particular set of symptoms. Thus, if the problem or opportunity is defined poorly even the best analysis thereafter will be of limited value. In fact, it could be detrimental. 1984-01-01T08:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/3950 info:doi/10.1108/eb001346 Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Business
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Business
spellingShingle Business
Thomas, Howard
Schwenk, C. R.
Decision Analysis as an Aid to Strategy
description Statistical decision theory is a theory of decision-making, i.e., of selecting among alternatives. It is not a theory of problem solving, i.e., of finding the cause of a particular set of symptoms. Thus, if the problem or opportunity is defined poorly even the best analysis thereafter will be of limited value. In fact, it could be detrimental.
format text
author Thomas, Howard
Schwenk, C. R.
author_facet Thomas, Howard
Schwenk, C. R.
author_sort Thomas, Howard
title Decision Analysis as an Aid to Strategy
title_short Decision Analysis as an Aid to Strategy
title_full Decision Analysis as an Aid to Strategy
title_fullStr Decision Analysis as an Aid to Strategy
title_full_unstemmed Decision Analysis as an Aid to Strategy
title_sort decision analysis as an aid to strategy
publisher Institutional Knowledge at Singapore Management University
publishDate 1984
url https://ink.library.smu.edu.sg/lkcsb_research/3950
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