Abstract
The field of decision analysis is concerned with the application of formal theories of probability and utility to the guidance of action. Decision analysis has been used for many years as a way to gain insight regarding decisions that involve significant amounts of uncertain information and complex preference issues, but it has been largely overlooked by knowledge-based system researchers. This paper illustrates the value of incorporating decision analysis insights and techniques into the knowledge acquisition and decision making process. This approach is being implemented within Aquinas , a personal construct-based knowledge acquisition tool, and Axotl , a knowledge-based decision analysis tool. The need for explicit preference models in knowledge-based systems will be shown. The modeling of problems will be viewed from the perspectives of decision analysis and personal construct theory. We will outline the approach of Aquinas and then present an example that illustrates how preferences can be used to guide the knowledge acquisition process and the selection of alternatives in decision making. Techniques acquisition process and the selection of alternatives in decision making. Techniques for combining supervised and unsupervised inductive learning from data with expert judgment, and integration of knowledge and inference methods at varying levels of precision will be presented. Personal construct theory and decision theory are shown to be complementary: the former provides a plausible account of the dynamics of model formulation and revision, while the latter provides a consistent framework for model evaluation. Applied personal construct theory (in the form of tools such as Aquinas ) and applied decision theory (in the form of tools such as Axotl ) are moving along convergent paths. We see the approach in this paper as the first step toward a full integration of insights from the two disciplines and their respective repertory grid and influence diagram representations.
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