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A Comparison of Graphical Techniques for Asymmetric Decision Problems

Bielza, Concha
; 
Shenoy, Prakash P.
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Abstract
We 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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Date
1999-11
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Institute For Operations Research and Management Sciences
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School of Business Scholarly Works
Distinguished Professors Scholarly Works
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Keywords
Asymmetric decision problems, Decision trees, Influence diagrams, Valuation networks, Sequential decision diagrams
Citation
Bielza, C. and P. P. Shenoy, "A Comparison of Graphical Techniques for Asymmetric Decision Problems," Management Science, Vol. 45, No. 11, 1999, pp. 1552--1569.
URI
https://hdl.handle.net/1808/168
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