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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Bibliographic Details
Main Authors: Thomas, Howard, Schwenk, C. R.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1984
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3950
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Institution: Singapore Management University
Language: English