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Decision Analysis for Management Judgment book cover by Paul Goodwin, George Wright
Paperback

Decision Analysis for Management Judgment

by Paul Goodwin and George Wright

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Total $2,086.75

Paperback · 496 pages Wiley · 2026

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About the book

Decision Analysis for Management Judgment

APPLYING DECISION ANALYSIS FOR EFFECTIVE MANAGEMENT JUDGMENT ACROSS DIVERSE FIELDS

Sound decision-making is essential for success in today’s complex organizational environments. Now in its sixth edition, Decision Analysis for Management Judgment provides students and professionals with the tools and insights needed to make informed, rational choices in the face of uncertainty.

Written for managers and students without advanced mathematical training, this leading textbook clearly explains a wide range of decision analysis techniques while addressing the psychological biases and pitfalls that often undermine judgment. Throughout the text, authors Paul Goodwin and George Wright combine behavioral insights with practical analytical tools, bridging the gap between foundational theory and real-world practice.

Presenting complex concepts in a clear, accessible style suitable for both students and professionals, Decision Analysis for Management Judgment is an invaluable resource for anyone tasked with evaluating alternatives, anticipating future scenarios, and balancing multiple objectives in professional contexts. It is ideal for upper-level undergraduate, MBA, and executive education courses in decision analysis, management judgment, strategic planning, and environmental planning.

NEW TO THIS EDITION:

  • Introduces the role of artificial intelligence in decision-making, highlighting benefits, limitations, and future potential
  • Provides a step-by-step guide to applying the Intuitive Logics method of scenario planning
  • Demonstrates a streamlined approach for integrating scenario planning with multi-attribute decision analysis
  • New practical examples illustrating successful applications of decision analysis and scenario planning
  • Includes the latest psychological research on multi-attribute decision-making and behavioral “nudges”
  • Incorporates the SPIES method for estimating probability distributions and expands coverage of the Delphi method with recommendations for robust implementation
  • Adds Cooke’s Classical Method for aggregating expert probability judgments and discusses the success of superforecasters

WILEY ADVANTAGE:

  • Provides a reader-friendly introduction to decision analysis without requiring advanced mathematical knowledge
  • Integrates behavioral insights to address psychological biases that can undermine managerial judgment
  • Covers a wide range of qualitative and quantitative decision analysis techniques applicable to real-world problems
  • Applies concepts to diverse contexts, including business, public administration, and environmental planning
  • Encourages active learning through end-of-chapter exercises that reinforce understanding and critical thinking
  • Supports flexible teaching approaches with a companion website containing additional exercises, case studies, quizzes, and simulations


Details

Publisher
Wiley
Authors
Paul Goodwin, George Wright
Format
Paperback
Published
Mar 23, 2026
ISBN-13
9781394362554
Pages
496
Carton quantity
18 copies
Buying for a group

Decision Analysis for Management Judgment for groups: pricing

Volume pricing applies automatically in your cart. No codes, no account needed.

CopiesPrice per copyYou save
25 – 49 $83.47 4% off list
50 – 99 $82.60 5% off list
100+ $81.73 6% off list
Ways groups use it

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Leadership development

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2
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3
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