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Programmed to Fail - 3. Systems Analysis

Acquisition Talk

CHAPTER

The Decision Problem in Decision Analysis

Auchin asked whether implications of a maximization exercise equated with a decision or a choice of action. He found that if the assumptions were regarded as perfectly accurate forecasts, then there is not available any generally acceptable rule for rational behavior. The fragility of the systems analysis approach to uncertainty was exposed early on in Auchin's work.

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