This chapter starts with an introduction to Decision Theory. Then a varied set of Decision Theory problems is proposed with their corresponding solutions. This chapter aims to provide a better understanding of modelling decision problems by means of decision treesDecision theorydecision trees. Thus low-risk decision problems are set out in which decision makers can acquire further information to amend a priori probabilities by Bayes TheoremDecision theoryBayes theorem. The utility concept and its use instead of monetary values are also introduced, which are the most usual kind in Organisation Engineering problems.

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Decision Theory

  • Raul Poler,
  • Josefa Mula,
  • Manuel Díaz-Madroñero,
  • Raquel Sanchis

摘要

This chapter starts with an introduction to Decision Theory. Then a varied set of Decision Theory problems is proposed with their corresponding solutions. This chapter aims to provide a better understanding of modelling decision problems by means of decision treesDecision theorydecision trees. Thus low-risk decision problems are set out in which decision makers can acquire further information to amend a priori probabilities by Bayes TheoremDecision theoryBayes theorem. The utility concept and its use instead of monetary values are also introduced, which are the most usual kind in Organisation Engineering problems.