• DocumentCode
    3212418
  • Title

    Metrics of effectiveness for micro and macro decision analysis applications

  • Author

    Murphy, Philip

  • Author_Institution
    Sygenex Inc., Redmond, WA, USA
  • fYear
    1994
  • fDate
    11-13 Oct 1994
  • Firstpage
    247
  • Lastpage
    251
  • Abstract
    By macro decision analysis applications we refer to systems supporting decisions that directly involve human agents whose decisions may have major impact on the agent´s organization. By micro decision analysis applications we mean systems where large numbers of decisions are made by automated decision systems, but the effect of each individual decision is not significant. In the former, few trials are available for statistical evaluation, but diverse meaningful metrics may be established which taken together offer reasonable evidence that a given application is cost effective. In the latter, metrics to demonstrate an increase in decision performance may be demonstrated statistically, but an analyst often has little insight into the decision process. An application involving the acquisition of a super computer is used to illustrate a macro-decision application, while a neural-net based application elucidates the micro case. It is then argued that the ultimate acceptance of decision analysis technologies depends on the provision of both process and performance metrics
  • Keywords
    management; automated decision systems; case-based reasoning; decision performance; decision process; expert systems; human agents; macro decision analysis; micro decision analysis; neural-net based application; performance metrics; process metrics; statistical evaluation; Application software; Costs; Decision making; Decision support systems; Humans; Measurement; Neural networks; Performance analysis; Postal services; Risk analysis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Northcon/94 Conference Record
  • Conference_Location
    Seattle, WA
  • Print_ISBN
    0-7803-9995-1
  • Type

    conf

  • DOI
    10.1109/NORTHC.1994.643350
  • Filename
    643350