Influence Diagrams as a Tool for Decision Support System Design

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Author(s): Peter O’Donnell (Monash University, Australia)and Rob Meredith (Monash University, Australia)
Copyright: 2008
Pages: 8
Source title: Encyclopedia of Decision Making and Decision Support Technologies
Source Author(s)/Editor(s): Frederic Adam (University College Cork, Ireland)and Patrick Humphreys (London School of Economics, UK)
DOI: 10.4018/978-1-59904-843-7.ch054

Keywords: Accounting and Finance / Business & Management / Business Science Reference / Decision Support Systems

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Abstract

This article examines the application of a modeling technique called influence diagramming to decision support system (DSS) analysis. Influence diagrams allow the development of a model of the natural (at least from the perspective of the decision maker) structure of a decision situation. These diagrams are simple to develop and understand, providing the DSS analyst and the decision maker with a useful basis for communication. The diagrams can also be easily translated into specifications detailing the design of a computer-based system. In particular, influence diagrams are well suited to the specification and description of spreadsheet-based models commonly used in contemporary decision support systems.

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