Anniversary Article: Decision Analysis inManagement Science
James E. Smith, Detlof von Winterfeldt
Management Science · 2004 · Volume 50 · Issue 5
Abstract
As part of the 50th anniversary of Management Science , the journal is publishing articles that reflect on the past, present, and future of the various subfields the journal represents. In this article, we consider decision analysis research as it has appeared in Management Science . After reviewing the foundations of decision analysis and the history of the journal’s decision analysis department, we review a number of key developments in decision analysis research that have appeared in Management Science and offer some comments on the current state of the field.
Keywords
decision analysis, probability assessment, utility theory, game theory
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