Using influence diagrams as a tool for decision making

Winston L. Sweatman, Graeme C. Wake, Haydn Cooper

Abstract


This mathematics in industry project explores influence diagrams as tools for decision making. Multi-link connections and transmission of influence are identified as important. Computer simulations prove valuable for understanding the process. Dynamical system models of evolving variable states relate influence diagrams to algebraic concepts.

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DOI: http://dx.doi.org/10.21914/anziamj.v52i0.3572



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ANZIAM Journal, ISSN 1446-8735, copyright Australian Mathematical Society.