from DSSResources.com

Decision Support News
D. J. Power, Editor
June 25, 2017             Vol. 18, No. 13


In this issue

1) Can decision support developers reduce the probability of solving the ‘wrong’ problem?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers


1) Can decision support developers reduce the probability of solving the ‘wrong’ problem?

by Daniel J. Power
Editor, DSSResources.COM

Data analytics and decision support systems are intended to help people, especially managers, make better decisions. Decisions are not made in a vacuum. Rather like the testing of scientific ideas, decisions "are always nurtured against a background of prior, partially conflicting ideas", cf. Mitroff and Featheringham (1976). Decision support and analytics can assist in making more systematic decisions and hence reduce the incidence of bad decisions. Decision support developers and data scientists may however neglect to examine the possibility that the algorithms and systems they are designing and building encourage or actually do solve the wrong problem. This error has been called the error of the third kind (abbreviated EIII or Em).

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2) Recent Decision Support Headlines

06/23/2017 IBM Research and Cornell University to use genetic sequencing and big data analytics to help keep global milk supply safe. Check release.

06/23/2017 Fastbase, Inc. becomes influencer in digital advertising and data-driven marketing industries by providing powerful lead identification tool. Check release.

3) Upcoming Decision Support Conferences

1. Americas Conference on Information Systems (AMCIS 2017), August 10-12, 2017, Boston, MA. Check here.

2. Decision Sciences Institute (DSI) 48th Annual Meeting, November 18-20, 2017, Washington, D.C. Check here.

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