Toward a decision informatics paradigm: a real-time, information-based approach to decision making

  • Authors:
  • J. M. Tien

  • Affiliations:
  • Dept. of Decision Sci. & Eng. Syst., Rensselaer Polytech. Inst., Troy, NY, USA

  • Venue:
  • IEEE Transactions on Systems, Man, and Cybernetics, Part C: Applications and Reviews
  • Year:
  • 2003

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Abstract

The focus of this paper is on decision making; more specifically, on what decision making requirements are needed in the future. We augur for a decision informatics paradigm; it is a real-time, information-based approach to decision making. The paradigm is supported by two sets of technologies (i.e., information and decision technologies) and underpinned by three disciplines (i.e., data fusion/analysis, decision modeling, and systems engineering). We begin by considering the context - and needs - for decision making as the economies of the world change and evolve, especially in regard to emerging services; then our proposed decision informatics paradigm is detailed and illustrated, together with an in-depth review of a critical, underpinning research area (dealing with real-time fusion and analysis of multiple nonhomogeneous data sources), followed by several concluding remarks.