Architectural Considerations for Decision Analysis Software

Danielson, M. & Ekenberg, L. ORCID: https://orcid.org/0000-0002-0665-1889 (2016). Architectural Considerations for Decision Analysis Software. In: New Trends in Software Methodologies, Tools and Techniques. Eds. Fujita, H. & Papadopoulos, G.A., pp. 3-14 IOS Press. ISBN 978-1-61499-673-6 10.3233/978-1-61499-674-3-3.

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Abstract

In classic decision theory, it is assumed that a decision-maker can assign precise numerical values corresponding to the true value of each consequence, as well as precise numerical probabilities for their occurrences. However, in real-life situations, the ordering of alternatives from most to least preferred is often a delicate matter and an adequate mathematical representation is crucial. In attempting to address real-life problems, where uncertainty about data prevails, some kind of representation of imprecise information is important and several have been proposed. However, general methods have turned out to be insufficient and we demonstrate in this article that there is not one set of coding techniques that result in the best performing software for decision analysis.

Item Type:	Book Section
Uncontrolled Keywords:	Decision analysis, software performance
Research Programs:	Risk & Resilience (RISK) Risk, Policy and Vulnerability (RPV)
Depositing User:	Luke Kirwan
Date Deposited:	05 Jan 2017 12:38
Last Modified:	27 Aug 2021 17:28
URI:	https://pure.iiasa.ac.at/14220

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