ABSTRACT

People make decisions almost every day and everywhere. Normally, individuals seldom need to use sophisticated decision-making tools when making their decisions. But in many fields of engineering, business, government, and science, where decisions are often either worth millions of dollars or may have a significant impact on the welfare of society, decision-making problems are usually complex and anything but easy. In such settings, powerful decision analysis and decision-making tools must be built and used to help decision-makers make better choices.