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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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 |
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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. |
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text |
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Thomas, Howard Schwenk, C. R. |
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Thomas, Howard Schwenk, C. R. |
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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 |
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Institutional Knowledge at Singapore Management University |
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1984 |
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https://ink.library.smu.edu.sg/lkcsb_research/3950 |
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