This book presents a consistent methodology for making decisions under uncertain conditions, as is almost always the case. Tools such as value of information an

This paper presents a useful concept for decision analysis -- the value of information having flexibility. An exploration is made into the impact of decision fl

1 The Importance of Irreversibility and Learning - Familiar 11 Bxamples Revisited 1. 1 Neoclassical Investment Models: A Brief Survey 11 1. 1. 1 The Standard Ne

Gathering the right kind and the right amount of information is crucial for any decision-making process. This book presents a unified framework for assessing th

An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance. In recent years, management gurus have urged bu