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Business, international

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A framework for analysing decisions under risk

Article Abstract:

A framework for examining decisions under risk is presented. The approach enables decision makers to be as intentionally inaccurate as they feel is natural, and offers decision makers with alternatives to show different degress of imprecision in the input sentences. The framework presented is meant to be permissive and to offer ways for assessing decision situations that utilize a number of decision rules.

Author: Danielson, Mats, Ekenberg, Love
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1998
Planning, Research, Models, Business planning, Uncertainty, Decision theory, Utility theory, Utility functions

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Mental representations of important real-life decisions

Article Abstract:

The application of heuristic programming techniques to analyse the trends of behavioral decision making, based on the mental representation of real-life, personal decisions of individuals, is described.

Author: Svenson, Ola, Salo, Ilkka
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2007
Behavior Theory, Usage, Human behavior, Heuristic programming, Human acts, Human behaviour

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Generalized evaluation in decision analysis

Article Abstract:

A study examining the evaluation methods used in decision analysis is presented.

Author: Danielson, Mats
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005

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Subjects list: Decision-making, Decision making, Analysis, Sweden
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