The article I co-authored with Doug Samuelson in Analytics Magazine just came out with the fall issue. “Analysis Placebos: The Difference Between Percieved and Real Benefits of Risk Analysis and Decision Models.” explains why many popular analysis methods and models may have entirely illusory benefits. See the online version of the article at [...]
Entries from October 2009
Fall 2009 Analytics Article – Analysis Placebos
October 28th, 2009 · No Comments
Tags: General Topics
More Webinars for October and November
October 13th, 2009 · No Comments
See the Events page on www.hubbardresearch.com. The webinars in August in September did very well and demand continues to grow. There are several webinars of different lengths, topics and times that are sure to fit your needs.
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Tags: General Topics
OR/MS Today article – The Need for Measurement in Modeling
October 9th, 2009 · No Comments
October 9 article in OR/MS Today by Douglas Hubbard and Douglas Samuelson
“Modeling Without Measurements: How the Decision Analysis Culture’s Lack of Empiricism Reduces Its Effectiveness”
See this article at http://www.lionhrtpub.com/orms/orms-10-09/frrisk.html.
In this article my co-author and I point out a general lack of willingness to measure the actual effectiveness of many quantitative models. Just as doctors are [...]
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Tags: General Topics