For courses in Decision Making and Engineering. The Fundamentals of Analyzing and Making Decisions Foundations of Decision Analysis is a groundbreaking text that explores the art of decision making, both in life and in professional settings. By exploring themes such as dealing with uncertainty and understanding the distinction between a decision and its outcome, the First Edition teaches readers to achieve clarity of action in any situation. The book treats decision making as an evolutionary process from a scientific standpoint. Strategic decision-making analysis is presented as a tool to help students understand, discuss, and settle on important life choices. Through this text, readers will understand the specific thought process that occurs behind approaching any decision to make easier and better life choices for themselves.
This is more of the authors lecture notes than a textbook. Since the author is reinventing a lot of terminology, it might be helpful to have a solutions manual available for purchase, or even better some answers to selected problems whereby one might check their understanding.
Although the books title indicates it is for the basics of decision analysis, but unfortunately it dives in a lot of mathematical equations that are far too advanced and complicated.
The first chapters are perfectly lays the foundations but the know how is not really good.
Ron Howard is an absolute legend, and this book is an absolute joy. Well written from the get-go. Worth getting it just to read chapter 1. If you like Annie Duke, you'll like this!