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Handbook of Decision Analysis

Brief Description
Qualitative and quantitative techniques to apply decision analysis to real-world decision problems, supported by sound mathematics, best practices, soft skills, and more. With substantive illustrations based on the authors’ personal experiences throughout, Handbook of Decision Analysis describes the philosophy, knowledge, science, and art of decision analysis.... Read More
Format: Hardback
$23899
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Qualitative and quantitative techniques to apply decision analysis to real-world decision problems, supported by sound mathematics, best practices, soft skills, and more.

With substantive illustrations based on the authors’ personal experiences throughout, Handbook of Decision Analysis describes the philosophy, knowledge, science, and art of decision analysis. Key insights from decision analysis applications and behavioural decision analysis research are presented, and numerous decision analysis textbooks, technical books, and research papers are referenced for comprehensive coverage.

This book does not introduce new decision analysis mathematical theory, but rather ensures the reader can understand and use the most common mathematics and best practices, allowing them to apply rigorous decision analysis with confidence. The material is supported by examples and solution steps using Microsoft Excel and includes many challenging real-world problems. Given the increase in the availability of data due to the development of products that deliver huge amounts of data, and the rise of data science techniques and academic programmes, a new theme of this Second Edition is the use of decision analysis techniques with big data and data analytics.

Written by a team of highly qualified professionals and academics, Handbook of Decision Analysis includes information on:

  • Behavioural decision-making insights, decision framing opportunities, collaboration with stakeholders, information assessment, and decision analysis modelling techniques.
  • Principles of value creation through designing alternatives, clear value/risk trade-offs, and decision implementation.
  • Qualitative and quantitative techniques for each key decision analysis task, as opposed to presenting one technique for all decisions.
  • Stakeholder analysis, decision hierarchies, and influence diagrams to frame descriptive, predictive, and prescriptive analytics decision problems to ensure implementation success.

Handbook of Decision Analysis is a highly valuable textbook, reference, and/or refresher for students and decision professionals in business, management science, engineering, engineering management, operations management, mathematics, and statistics who want to increase the breadth and depth of their technical and soft skills for success when faced with a professional or personal decision.

Series: Wiley Series in Operations Research and Management Science

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    A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal...
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Book Details

INFORMATION

ISBN: 9781394283880

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 23 April 2025

Country: United States

Imprint: John Wiley & Sons Inc

Edition: 2nd edition

Audience: Professional and scholarly

DIMENSIONS

Spine width: 25.0mm

Width: 175.0mm

Height: 254.0mm

Weight: 885g

Pages: 400

About the Author

Gregory S. Parnell, PhD, is a Professor of Practice in the Department of Industrial Engineering at the University of Arkansas in Fayetteville, AR.

Terry A. Bresnick, MBA, is President of Innovative Decision Analysis, and Lecturer in the Department of Industrial Engineering at the University of Arkansas.

Eric R. Johnson, PhD, is Director of Decision Science at GSK, where he supports drug development decision making.

Steven N. Tani, PhD, is a retired Partner and Fellow of Strategic Decisions Group.

Eric Specking, PhD, is a Principal Engineer for Infinity Labs and a Lecturer in the College of Engineering at the University of Arkansas in Fayetteville, AR.

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  • Handbook of Decision Analysis
    A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal...
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Also by Gregory S. Parnell

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  • Handbook of Decision Analysis
    A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal...
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  • Handbook of Decision Analysis
    A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal...
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Also by Terry A. Bresnick

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  • Handbook of Decision Analysis
    A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal...
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    Sold Out

Also by Terry Bresnick

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  • Handbook of Decision Analysis
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