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
Link To Document :
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