Speaking of Decisions: Precise Decision Language
Speaking of Decisions: Precise Decision Language
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说到决策:精确决策语言
DOI:
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发表时间:
2004
期刊:
影响因子:
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通讯作者:
R. Howard
中科院分区:
文献类型:
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作者:
R. Howard
This paper presents the current state of evolution of a language for teaching and practicing decision analysis that may avoid confusion of students, clients, and ourselves. Many of the terms currently used are inaccurate, arcane, or unnecessary. Restricting decision language to terms that are accurate, familiar, and fundamental contributes to clarity of thought and understanding. To illustrate the type of changes advocated, I propose replacingdependence withrelevance,expectation withe-value,utility withu-value, and eschewingsubjective probability,confidence,uncertainty about probability, any distinction betweenrisk and uncertainty, andstates of nature. I show how to incorporate the new terminology in teaching and practice.