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Decision-making and sampling size effect

Author

Listed:
  • Ismariah Ahmad

    (Forest Research Institute Malaysia)

  • Rohana Abd Rahman

    (Forest Research Institute Malaysia)

  • Roda Jean-Marc

    (Forest Research Institute Malaysia)

  • Lim Hin Fui

    (Forest Research Institute Malaysia)

  • Mohd Parid Mamat

    (Forest Research Institute Malaysia)

Abstract

Sound decision-making requires quality information. Poor information does not help in decision making. Among the sources of low quality information, an important cause is inadequate and inappropriate sampling. In this paper we illustrate the case of information collected on timber prices.

Suggested Citation

  • Ismariah Ahmad & Rohana Abd Rahman & Roda Jean-Marc & Lim Hin Fui & Mohd Parid Mamat, 2010. "Decision-making and sampling size effect," EAS Strategic Options, CIRAD, Forest department, UPR40, vol. 2010(07), pages 1-15, December.
  • Handle: RePEc:epf:easopt:201012
    as

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    File URL: http://www.frim.gov.my/v1/fif/pdf_file/InFocus%20DEC%202010.pdf#page=15
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