Real-Life Decision-Making [Hardcover]

Chapter 1 Introduction

Chapter 2 Decision Modelling

Chapter 3 Bayesian Decision Analysis

Chapter 4 Imprecise Information

Chapter 5 Multi-Criteria Decision-Making

Chapter 6 The Pilot Method

Chapter 7 Real-Life Case Studies

Chapter 8 Guidelines for Real-Life Decisions

Did you ever feel a need to improve your decision-making skills? This book is an attempt to remedy this shortcoming of our educational systems and possibly also of our common, partly intuition-based, decision culture. Intuition is not at all bad, quite the contrary, but it has to co-exist with rationality. We will show you how.

Mats Danielson is a Full Professor in Computer and Systems Sciences at Stockholm University, a Senior Advisor to the President, and a UNESCO Chair Professor. He is a former Dean of the Faculty of Social Sciences as well as a former Vice President for External Relations, Innovation, and ICT. He has a PhD in Computer and Systems Sciences from KTH Royal Institute of Technology (KTH) as well as university degrees in Computer Science and Engineering (from KTH) and in Economics and Business Administration (from Stockholm University). He worked in the software industry for almost 20 years before joining academia to work with research and algorithm and software design and development within decision analysiló%