Analyzing and Aiding Decision Processes Date: 28 April 2011, 04:32
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Analyzing and Aiding Decision Processes (Research Conference on Subjective Probability, Utility, and Decision Making//Proceedings) By Patrick Humphreys * Publisher: Elsevier Science Ltd * Number Of Pages: 566 * Publication Date: 1983-12 * ISBN-10 / ASIN: 0444865225 * ISBN-13 / EAN: 9780444865229 PREFACE The papers in this book are an edited selection from those presented at the Eighth Research Conference on Subjective Probability, Utility and Decision Making, held in Budapest in August 1981. Together they span a wide range of new developments in studies of decision making, the practice of decision analysis and the development of decision-aiding technology. The international, interdisciplinary nature of the work represented here makes it difficult and perhaps unwise to assign papers to categories according to the methodology or approach used, or the area surveyed. Nevertheless, we have arranged the book in five principal sections, according to the different fields of interests our readers may have, and placed in each section those papers which seem to be particularly significant in providing food for thought and new perspectives within that field. The titles we gave to the first four sections are "Societal Decision Making", "Organizational Decision Making", "Aiding the Structuring of Small Scale Decision Problems, and "Tracing Decision Processes". Throughout, the emphasis i s on decision processes and structures and their applications, rather than formal modelling in isolation. We do not see this as a 'bias', but rather a reflection of current developments in research and practice which follow from the understanding of the nature and operation of decision theoretic models gained during the 1970's. Here you will find suggestions on how to bring these models alive and put them to work in a wide range of contexts. The fifth section is of a different nature. It presents papers given at a symposium on the validity of studies on heuristics and biases at the Budapest conference. These papers take stock of the considerable volume of work investigating 'heuristics and biases' in decision making over the past decade, and their implication for theory and practice. The papers give the authors' own viewpoints and are presented here unedited with the hope that they will stimulate discussion among a wider audience. We do not propose to make any suggestions directing particular readers t o particular sections, as this would run counter t o the spirit of the book and the conference which gave rise to it. However, if IOU would like a general overview of the papers in a section before delving more deeply, you will find this in the introduction at the start of the section. The Eighth Research Conference on Subjective Probability, Utility and Decision Making was part of a biennial series, currently attracting over one hundred leading practitioners. Participation in these conferences is open to anyone working in relevant areas, and the conference is advertized through the mailing of information t o active individuals and institutions. It is a European conference, and while participation is encouraged from all countries in the world, its principal aim is t o stimulate the exchange of ideas and development of research and practice throughout Europe, east and west. Conferences have been held in Hamburg (1969), Amsterdam ( 1 970), London ( 1 971 ), Rome ( 1 973), Darmstadt (1 975), Warsaw ( 1 977), Gothenburg ( 1 979) and Budapest ( 1 981 ). The Ninth conference will be held in Groningen, the Netherlands. in 1983. Procedures for setting up and running each conference fall under the responsibility of an organizing committee chosen at the closing session of the previous conference. The conference is not affiliated t o or sponsored by any institution or organization, being supported each time by its participants and by national research agencies of the host country, and we consider that such independence has been a cornerstone in maintaining its vitality and acceptance across the complete range of European countries. Edited versions of the proceedings of most of'the conferences in the series have been published in books, or in Actu Psychologicu.* Keviewing earlier publications in the series, one can see how foundations laid earlier come t o fruition and in turn set the scene for new developments in the field. We have compiled this volume with the hope that it will play its part in this process. Patrick Humphreys Ola Svenson Anna Vari
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