This article, written for the non-decision analyst, describes what decision analysis is, what it can and cannot do, why one should care to do this, and how one does it. In the process, we also hope to dispel some myths: decision analysis is a tool of operations research and management science; some analyses are objective and value-free; it would be desirable to have 'objective, value- free' analyses; decision analysis solves decision problems; some decision problems are too difficult for decision analysis; decision analysis and decision theory are the same thing. To accomplish these purposes, we set the stage by describing the decision environment. Then the article presents an overview of decision analysis and provides additional sources for its foundations, procedures, history, and applications.
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