Demirer, RizaShenoy, Prakash P.2005-10-262005-10-262006-02-16Demirer, R. and P. P. Shenoy, "Sequential valuation networks for asymmetric decision problems," European Journal of Operational Research, Vol. 169, No. 1, 2006, pp. 286--3090377-2217https://hdl.handle.net/1808/757This 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.774084 bytesapplication/pdfenDecision analysisSequential decision diagramsValuation networksAsymmetric decision problemsInfluence diagramsArticlehttps://orcid.org/0000-0002-8425-896Xhttps://orcid.org/0000-0002-1840-8085openAccess