From the Editor…

Abstract

Our first two articles address resource allocation, across risky projects and across budget allocations over time. First, Philip Bromiley demonstrates numerically that the interaction between cumulative prospect theory parameters rules out the ability to make simple general predictions of resource allocation choices in “A Prospect Theory Model of Resource Allocation.” Our second article, by Pekka Mild and Ahti Salo, on “Combining a Multiattribute Value Function with an Optimization Model: An Application to Dynamic Resource Allocation for Infrastructure Maintenance,” reports a generic model for allocating maintenance budgets over time that was originally developed for the Finnish Road Administration. Our third article, by Jesus Rios and David Rios Insua, develops a method for “Supporting Negotiations over Influence Diagrams,” for when there is disagreement about utilities and probabilities. Fourth, Ben Ewing and Erin Baker present their work on the “Development of a Green Building Decision Support Tool: A Collaborative Process.” In our final article, “On the Decision to Take a Pitch,” J. Eric Bickel analyzes a common decision in baseball, contributing to the area of sports decision analysis.