Smart Choices: A Practical Guide to Making Better Decisions by John S. Hammond & Ralph L. Keeney & Howard Raiffa

Author:John S. Hammond & Ralph L. Keeney & Howard Raiffa
Language: eng
Format: mobi, epub
ISBN: 9781633691056
Publisher: Harvard Business Review Press
Published: 2015-07-20T14:00:00+00:00

Resolving a Decision with an Estimate of Uncertainty: Which Flight?

Mark Hata has a dilemma. Months ago, he arranged to take his 62-year-old mother on a week-long trip to London in October. Mark lives in Phoenix, his mother in Pittsburgh. They plan to meet at Dulles Airport in Washington, D.C., on a Saturday evening in time for a leisurely dinner, before taking the 10:00 P.M. flight to London.

But Mark has just learned that his daughter’s soccer team has earned a spot in the league championship game, which is scheduled for 9:00 A.M. that same Saturday, and he would really love to attend. What to do?

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