Aspects of decision making

Reference no: EM13981582

We used the phrase "rules for clear thinking" to refer to the axioms described in this chapter. However, these "rules" do not cover every aspect of decision making as we have discussed it in this book. In particular, the axioms do not tell us in detail how to structure a problem, how to generate creative alternatives, or how to perform a sensitivity analysis. Can you give some "rules for clear thinking" that would help a decision maker in these aspects of decision making? (See Frisch and Clemen 1994.)

Reference no: EM13981582

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