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Introduction to Decision Analysis (2nd Edition)

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Title: Introduction to Decision Analysis (2nd Edition)
by David C. Skinner
ISBN: 0-9647938-3-0
Publisher: Probabilistic Publishing
Pub. Date: 01 June, 1999
Format: Hardcover
Volumes: 1
List Price(USD): $34.95
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Average Customer Rating: 4.69 (13 reviews)

Customer Reviews

Rating: 5
Summary: Fantasic user-friendly book
Comment: Mr. Skinner's book is the most practical book I have found on the subject of Decision Analysis. His writing style and examples present complex topics and techniques in an easy to understand manner. This book has provided me with very valuable examples and stories that I use daily in my work. I have many books on this subject, but this is the only book I recommend to co-workers and anyone interested in decision analysis. I especially like the way he has incorporated his web site into the book.

Rating: 5
Summary: This is a great decision analysis reference book.
Comment: If you only buy one book about decision analysis this year, this should be the one. It shows the reader a specific step-by-step process for decision making. The basic decision analysis approach and the facilitiating the decision process sections provide clear, concise, detailed information to assist any type of decision maker - manager, professional, or practitioner.

The pracitical guides included in the book include many helpful templates and case studies. They assist the reader in scaling the decision process, eliciting issues, building influence diagrams, and developing strategy tables. They also are useful for creating decision hierarchies, assessing data ranges, and building decision trees. I really enjoy the interactivity of this book with it's web site.

Rating: 3
Summary: A good introduction
Comment: Skinner presents the tools and applications of decision analysis very clearly. He supplements this with numerous case studies that aid in understanding how to apply these techniques.

This is an introductory text. I believe that the author merely intended to present these techniques. No discussion of their limitations is made. The examples given are very simple, which is very helpful to explain the concepts described in the book. They cannot be expected to address all the issues in a real-life decision problem.

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