Publication Date

January 2012


This note provides a short overview of some history, context and concepts in the field of decision analysis. In particular, we describe the connection between normative, prescriptive and descriptive decision theory, and the connection between several different approaches to value and utility.


This is an excerpt from our article "Presentation of the Decision Analysis Society" in the International Society on MCDM eNews Issue 2012(2), pp. 11-17, September 2012, by J. Dyer & J. Keisler.



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