A Comparison of Graphical Techniques for Asymmetric Decision Problems
AbstractWe 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.
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Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 45 (1999)
Issue (Month): 11 (November)
asymmetric decision problems; decision trees; influence diagrams; valuation networks; sequential decision diagrams;
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- Lopez-Diaz, Miguel & Rodriguez-Muniz, Luis J., 2007. "Influence diagrams with super value nodes involving imprecise information," European Journal of Operational Research, Elsevier, vol. 179(1), pages 203-219, May.
- Bielza, Concha & Gómez, Manuel & Shenoy, Prakash P., 2011. "A review of representation issues and modeling challenges with influence diagrams," Omega, Elsevier, vol. 39(3), pages 227-241, June.
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