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What is Influence Diagram

Encyclopedia of Decision Making and Decision Support Technologies
A visual representation of a problem showing the variables involved and the influence relationships between the variables. They can be used in decision analysis to calculate expected values or in descriptive modeling providing a conceptual tool for thinking about a problem prior to model development using a computer-based tool like a spreadsheet.
Published in Chapter:
Influence Diagrams as a Tool for Decision Support System Design
Peter O’Donnell (Monash University, Australia) and Rob Meredith (Monash University, Australia)
DOI: 10.4018/978-1-59904-843-7.ch054
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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More Results
A Predictive Analytic Model for Maternal Morbidity
Represents a cause-effect map that allows selection and extraction of data from medical records.
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