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Downloadable - About University

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Some final words of advice 457<br />

of the cases cited in Chapter 1 show that decision analysis can be<br />

an extremely effective way of bringing together groups of individuals<br />

involved in the decision. It provides a common language of<br />

communication between different specialists and may help to resolve<br />

conflicts which may otherwise prevent the successful implementation of<br />

the decision.<br />

Have I made an adequate search for alternative courses of action?<br />

The insights yielded by decision analysis may lead to the development of<br />

new alternatives, but there is no guarantee of this if the problem analyzed<br />

is seen as a choice between a fixed set of alternatives. Additionally, as we<br />

have argued, decision making is, in general, likely to be mechanistic and<br />

show cognitive inertia. However, techniques to aid the development<br />

of new options are relatively underemphasized in decision analysis.<br />

Intuitively, it would seem sensible to spend time looking for alternative<br />

courses of action before using decision analysis to evaluate them. Both<br />

the frame analysis worksheet and scenario planning are useful here. The<br />

focus within the frame analysis worksheet is on providing alternative<br />

framing of decision options while, in scenario planning, the focus is on<br />

generating alternative frames of plausible futures. Within these futures,<br />

alternative courses of action may be more or less robust.<br />

How much effort is the decision worth? Which aspects of the problem<br />

require the most effort?<br />

Obviously, some of the decision-aiding techniques that we have described<br />

in this book are more costly in terms of time and effort than<br />

others. For example, the application of SMARTER to a problem is likely<br />

to involve far less effort than multi-attribute utility. Similarly, decision<br />

conferencing will usually be more expensive to conduct than allowing<br />

the decision to be taken by a single individual. It is therefore advisable to<br />

make an assessment of the importance and nature of the problem before<br />

proceeding with the analysis.<br />

Major decisions, such as the siting of nuclear power stations, will merit<br />

more effort and more detailed models than the problem of choosing a<br />

new PC for the accountant’s office. Remember that the main purpose of<br />

decision analysis is to produce insights and understanding. This begs the<br />

question, what parts of the decision problem need to be illuminated? Is<br />

it the entire problem or just certain aspects? Do some parts require more

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