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Structuring Influence Relationships Among Variables
Bodily, Samuel E. Technical Note QA-0462 / Published August 26, 1994 / 9 pages. Collection: Darden School of Business
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This note describes the use of influence diagrams for structuring relationships in a decision model. Two primary uses are considered: (1) the structuring of deterministic relations among variables (including decision variables, intermediate variables, and outcome attributes) in a spreadsheet and (2) the structuring of conditional probability in decision making under uncertainty. Many graphic examples are provided.




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  • Overview

    This note describes the use of influence diagrams for structuring relationships in a decision model. Two primary uses are considered: (1) the structuring of deterministic relations among variables (including decision variables, intermediate variables, and outcome attributes) in a spreadsheet and (2) the structuring of conditional probability in decision making under uncertainty. Many graphic examples are provided.

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