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A Comparison of Graphical Techniques for Decision Analysis
Shenoy, Prakash P.
Shenoy, Prakash P.
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Abstract
Recently, we proposed a new method for representing and solving decision problems based on the framework of valuation-based systems. The new representation is called a valuation network, and the new solution method is called a fusion algorithm. In this paper, we compare valuation networks to decision trees and influence diagrams. We also compare the fusion algorithm to the backward recursion method of decision trees and to the arc-reversal method of influence diagrams.
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Date
1994-10-13
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Publisher
European Journal of Operational Research
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Keywords
Decision theory, Decision trees, Influence diagrams, Valuation networks
Citation
Shenoy, P. P., "A Comparison of Graphical Techniques for Decision Analysis," European Journal of Operational Research, Vol. 78, Issue 1, 13 October 1994, pp. 1--21.