Influence Diagram Retrospective

Since the invention of Influence diagrams in the mid-1970s, they have become a ubiquitous tool for representing uncertain situations. This single diagram replaced awkward manipulations of decision trees and nature’s trees with a single representation that displays both the sequential and information...

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Veröffentlicht in:Decision analysis 2005-09, Vol.2 (3), p.144-147
Hauptverfasser: Howard, Ronald A, Matheson, James E
Format: Artikel
Sprache:eng
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Zusammenfassung:Since the invention of Influence diagrams in the mid-1970s, they have become a ubiquitous tool for representing uncertain situations. This single diagram replaced awkward manipulations of decision trees and nature’s trees with a single representation that displays both the sequential and informational structure of decisions. The diagram permits high-level graphic communication, clear assessments and computation in a single graphical system. This retrospective discusses the evolution and application of influence diagrams.
ISSN:1545-8490
1545-8504
DOI:10.1287/deca.1050.0050