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Open Access research that challenges the mind...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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The theory of decision making under uncertainty

Bedford, T.J. (2001) The theory of decision making under uncertainty. In: Decision Analysis for Reliability Assessment. Det Norske Veritas, Norway.

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Abstract

This book presents decision analysis theory and practical applications from European Industry: modelling decisions, associated failure probabilities, loss or utility functions, and multi-attribute utility functions, the use of specific tools as the decision tree, the belief network and the influence diagram, and industrial application cases.