Discover recent powerful advances in the theory, methods, and applications of decision and risk analysis. Breakthroughs in Decision Science and Risk Analysis, part of the Wiley Series in Operations Research and Management Science, edited by Louis Anthony Cox Jr., presents theories and methods for making, improving, and learning from significant practical decisions. The book explains these new methods and important applications in an accessible and stimulating style for readers from multiple backgrounds, including psychology, economics, statistics, engineering, risk analysis, operations research, and management science.

Highlighting topics not conventionally found in DA textbooks, the book illustrates genuine advances in practical decision science, including developments and trends that depart from, or break with, the standard axiomatic DA paradigm in fundamental and useful ways. The book features methods for coping with realistic decision-making challenges such as online adaptive learning algorithms, innovations in robust decision-making, and the use of a variety of models to explain available data and recommend actions. In addition, the book illustrates how these techniques can be applied to dramatically improve risk management decisions.

With a print length of 328 pages and published by Wiley on March 30, 2015, Breakthroughs in Decision Science and Risk Analysis offers valuable insights into the latest advancements in decision science and risk analysis. ISBN-10: 1118217160, ISBN-13: 978-1118217160.

The book measures 6.4 x 0.9 x 9.55 inches, providing a comprehensive resource for professionals and students alike in the fields of decision analysis, risk management, and operations research.