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Anniversary Article: Decision Analysis in Management Science

Fuqua School of Business, Duke University, Durham, North Carolina 27708.
School of Policy, Planning, and Development, University of Southern California, Los Angeles, California 90089.
jes9{at}mail.duke.edu
winterfe{at}usc.edu

As part of the 50th anniversary of Management Science, the journal is publishing articles that reflect on the past, present, and future of the various subfields the journal represents. In this article, we consider decision analysis research as it has appeared in Management Science. After reviewing the foundations of decision analysis and the history of the journal’s decision analysis department, we review a number of key developments in decision analysis research that have appeared in Management Science and offer some comments on the current state of the field.

Key Words: decision analysis; probability assessment; utility theory; game theory

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