Real Time Decision Making Examples
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Supporting Real Time Decision-Making
Author: Frada Burstein
language: en
Publisher: Springer Science & Business Media
Release Date: 2010-11-12
This volume of Annals of Information Systems will acknowledge the twentieth anniversary of the founding of the International Society for Decision Support Systems (ISDSS) by documenting some of the current best practices in teaching and research and envisioning the next twenty years in the decision support systems field. The volume is intended to complement existing DSS literature by offering an outlet for thoughts and research particularly suited to the theme of describing the next twenty years in the area of decision support. Several subthemes are planned for the volume. One subtheme draws on the assessments of internationally known DSS researchers to evaluate where the field has been and what has been accomplished. A second subtheme of the volume will be describing the current best practices of DSS research and teaching efforts. A third subtheme will be an assessment by top DSS scholars on where the DSS discipline needs to focus in the future. The tone of this volume is one of enthusiasm for the potential contributions to come in the area of DSS; contributions that must incorporate an understanding of what has been accomplished in the past, build on the best practices of today, and be integrated into future decision making practices.
Fuzzy Investment Decision Making with Examples
This book is a practical and theoretical guide that demonstrates how to leverage investment data in numerical models despite uncertainty and ambiguity. The author presents innovative methods that incorporate fuzzy set theory to overcome the imprecision of expert opinions and appraisals. Through real industry case studies and comparative analyses, the book provides a comprehensive understanding of how these novel approaches can be implemented to measure robustness. This book is a must-read for managers involved in investment decision making, for economists, lecturers, as well as M.Sc. and Ph.D. students studying investment decision-making.
The Art of Making Decisions Under Uncertainty
Uncertainty is a part of every decision we make, from the everyday to the high-stakes, from personal choices to professional strategy. The Art of Making Decisions Under Uncertainty offers a clear, practical approach to dealing with the unknown without getting stuck or overwhelmed. Rather than treating uncertainty as a barrier, this book invites readers to see it as a constant companion—something to work with, not work against. Drawing on proven tools, real-world examples, and a wealth of practical insight, it shows how to make thoughtful, informed decisions even when information is incomplete, priorities are competing, and the path forward feels anything but clear. This is not a theory-heavy treatise. It’s a textbook guide for real people facing real decisions. Grounded in decision science but written for a broad audience, it bridges the gap between technical complexity and everyday practicality. Whether you’re leading a team, managing risk, shaping policy, or simply trying to make better personal choices, this book meets you where you are—with tools that work, language that makes sense, and encouragement to move forward with clarity and confidence. Inside you’ll find: Straightforward frameworks to help you recognize and manage different types of uncertainty Practical tools and techniques you can use right away to make sound decisions in fast-moving or high-pressure situations Case studies and examples that bring the concepts to life and show how they apply in work, leadership, and daily life Fresh perspectives on failure, bias, and risk, helping you not only avoid common pitfalls but turn setbacks into sources of insight If you’ve ever hesitated at a crossroads, second-guessed a big decision, or wished for more clarity in a world that rarely offers it, this book is for you. The Art of Making Decisions Under Uncertainty is your companion in making better choices when certainty is out of reach but a good decision is still within your grasp.