Decision Analysis for Management Judgment

This book aims to make decision analysis accessible to managers and administrators in business and public sector organizations. Using practical examples, it shows how difficult decisions can be tackled in a structured way so that new insights emerge and a documented and defensible rationale for the decision is established. "Decision Analysis for Management Judgment is an essentially practical book which draws together ideas from a variety of disciplines - including psychology, management science and statistics. Assuming little or no prior knowledge of these disciplines, it will help both practising managers faced with the responsibility of making crucial decisions as well as students on management, business administration and decision analysis courses.