Influence Diagram Retrospective

Authors:
Ronald A. Howard;James E. Matheson
Affiliations:
Department of Management Science and Engineering, Stanford University, Stanford, California 94305-4026;Department of Management Science and Engineering, and SmartOrg, Inc., 855 Oak Grove Avenue, Suite 202, Menlo Park, California 94025
Venue:
Decision Analysis
Year:
2005

Citing 1
Cited 11

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Abstract

Since the invention of Influence diagrams in the mid-1970s, they have become a ubiquitous tool for representing uncertain situations. This single diagram replaced awkward manipulations of decision trees and nature's trees with a single representation that displays both the sequential and informational structure of decisions. The diagram permits high-level graphic communication, clear assessments and computation in a single graphical system. This retrospective discusses the evolution and application of influence diagrams.