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).

Continue reading this column at http://dssresources.com/faq/index.php?action=artikel&id=387

Click for more Frequently Asked Questions

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.

Sponsors

Order Dan Power's book: Decision Support, Analytics, and Business Intelligence, Second Edition
Click here

Become a Business Expert Press author
Click here


Subscription

You may leave the DSS News mailing list by sending an email to dssnews+unsubscribe@uni.edu

Please tell your friends they may join the list by sending an email to djpower1950@gmail.com

About Decision Support News

Decision Support News is copyrighted (c) 2017 by D. J. Power.

Please send your questions to djpower1950@gmail.com.

Connect with Daniel J. Power at http://www.linkedin.com/in/danpower

The DSS News mailing list is hosted by the University of Northern Iowa in the spirit of cooperation with the network community. The opinions expressed by contributors do not necessarily reflect those of the University or its employees. The University shall not be liable for any damages which may result directly or indirectly from errors or omissions in or application of information distributed via this group. Thanks to University of Northern Iowa.

Thanks for supporting Decision Support News (aka DSS News) and DSSResources.com.


DSS Home |  About Us |  Contact Us |  Site Index |  Subscribe | What's New
Please Tell 
Your Friends about DSSResources.COM Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power. See disclaimer and privacy statement.