Textbook in PDF format

Decision-analytic methods and practices can truly help in saving our world, should they become in more widespread use – but only then. Buried deep down in countless research papers, though, they remain inaccessible for the common good of our society. Decision-making, if taken seriously, includes many important components such as trade-offs between different, sometimes conflicting, aspects, values, and uncertainties as well as people with a variety of preferences. Its potential is visible, not least during serious crises affecting individuals, organisations, or entire societies. Some common features of those situations include that they involve different stakeholders and opinions, usually contain significant uncertainties due to a lack of complete knowledge and complex interacting narratives as well as have a possibility for serious consequences, depending on the choice of strategies. For us as human beings to be able to analyse and give advice to ourselves and to other decision-makers, powerful methods are required. It is the purpose of this book to present and discuss such highly efficient and effective decision-making methods and tools