Big Decisions Blog
The latest news and insights from the team at Hubbard Decision ResearchStill no evidence…
I get many emails about the validity of Risk Maps, Risk Scores and Risk Matrices in risk analysis. I know there are a lot of passionate proponents of these methods (and many heavily-invested vendors) but there is still no evidence that such methods improve forecasts...
2010 Spring Webinars are Available
See the webinars page to sign up for intensive training sessions for Applied Information Economics. You can take the popular "Calibration" webinar or even sign up for the full AIE Module I & II training (required for AIE Level I certification). Each webinar is...
You asked for it…the new HTMA Study Guides are out
We have a new batch of the 4-page, color, laminated reference cards for How to Measure Anything. Some of the material is actually already updated for the upcoming second edition of the book (spring 2010). See the products page for details.
Fall 2009 Analytics Article – Analysis Placebos
The article I co-authored with Doug Samuelson in Analytics Magazine just came out with the fall issue. "Analysis Placebos: The Difference Between Perceived and Real Benefits of Risk Analysis and Decision Models." explains why many popular analysis methods and models...
Analysis Placebos: The Difference Between Perceived and Real Benefits of Risk Analysis and Decision Models
by Douglas Hubbard and Douglas Samuelson Analytics, 10/28/2009 The article I coauthored with Doug Samuelson in Analytics Magazine just came out with the fall issue. “Analysis Placebos: The Difference Between Perceived and Real Benefits of Risk Analysis and Decision...
More Webinars for October and November
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.
OR/MS Today article – The Need for Measurement in Modeling
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...
Modeling Without Measurements: How the Decision Analysis Culture’s Lack of Empiricism Reduces Its Effectiveness
by Douglas Hubbard and Douglas Samuelson OR/MS Today, 10/09/2009 In this article my coauthor and I point out a general lack of willingness to measure the actual effectiveness of many quantitative models. Just as doctors are often the worst patients, quants are often...
