Article ID: | iaor20003642 |
Country: | United States |
Volume: | 45 |
Issue: | 11 |
Start Page Number: | 1552 |
End Page Number: | 1569 |
Publication Date: | Nov 1999 |
Journal: | Management Science |
Authors: | Shenoy Prakash P., Bielza Concha |
Keywords: | decision: studies |
We compare four graphical techniques for representation and solution of asymmetric decision problems – decision trees, influence diagrams, valuation networks, and sequential decision diagrams. We solve a modified version of Covaliu and Oliver’s Reactor problem using each of the four techniques. For each technique, we highlight the strengths, weaknesses, and some open issues that perhaps can be resolved with further research.