Premium
State of the Art: RESEARCH DIRECTIONS IN DECISION MAKING UNDER UNCERTAINTY *
Author(s) -
Winkler Robert L.
Publication year - 1982
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1982.tb01176.x
Subject(s) - normative , perspective (graphical) , management science , computer science , decision theory , decision analysis , game theory , operations research , decision rule , artificial intelligence , mathematical economics , epistemology , mathematics , economics , microeconomics , philosophy
This paper considers the modeling of decision‐making problems under uncertainty, indicating current gaps in knowledge and promising research directions. Technical details are omitted, and no attempt is made to review past work since excellent recent reviews are available. The discussion of research topics is divided into four categories: model formulation, modeling uncertainty, modeling preferences, and modeling competitive and group decisions. The primary focus is normative, although descriptive work that can be valuable from a normative perspective is included. The suggested research directions cover the entire spectrum from theory to application. Subject Areas: Decision Analysis, Statistical Decision Theory, and Game Theory .