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    Sequential valuation networks for asymmetric decision problems

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    EJOR06.pdf (755.9Kb)
    Issue Date
    2006-02-16
    Author
    Demirer, Riza
    Shenoy, Prakash P.
    Publisher
    Elsevier Science Publishers B. V.
    Format
    774084 bytes
    Type
    Article
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    Abstract
    This paper deals with representation and solution of asymmetric decision problems. We describe a new representation called sequential valuation networks that is a hybrid of Covaliu and Oliver’s sequential decision diagrams and Shenoy’s valuation networks. The solution algorithm is based on the idea of decomposing a large asymmetric problem into smaller sub-problems and then using the fusion algorithm of valuation networks to solve the sub-problems. Sequential valuation networks inherit many of the strengths of sequential decision diagrams and valuation networks while overcoming many of their shortcomings. We illustrate our technique by representing and solving a modified version of Covaliu and Oliver’s [Manage. Sci. 41(12) (1995) 1860] Reactor problem in complete detail.
    URI
    http://hdl.handle.net/1808/757
    ISSN
    0377-2217
    Collections
    • School of Business Scholarly Works [212]
    • Distinguished Professors Scholarly Works [918]
    Citation
    Demirer, R. and P. P. Shenoy, "Sequential valuation networks for asymmetric decision problems," European Journal of Operational Research, Vol. 169, No. 1, 2006, pp. 286--309

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    Contact KU ScholarWorks
    785-864-8983
    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    785-864-8983

    KU Libraries
    1425 Jayhawk Blvd
    Lawrence, KS 66045
    Image Credits
     

     

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