| Article ID: | iaor19962138 |
| Country: | Italy |
| Volume: | 53 |
| Issue: | 2 |
| Start Page Number: | 25 |
| End Page Number: | 38 |
| Publication Date: | Jun 1995 |
| Journal: | Ingegneria Economica |
| Authors: | Vito Ozzola, Pierantonio Tassini |
| Keywords: | decision, decision theory |
The paper presents an evaluation method of different initial strategies for the realization of a project, based on the application of Decision Analysis Criteria to cost, risk and profit parameters. A real case in the oil sector is treated, presenting two drilling strategies in order to obtain data about a reservoir, necessary for the economical evaluation of oil production.