Optimal decision indices for R\&D project evaluation in the pharmaceutical industry: Pearson index versus Gittins index

DOI10.1016/j.ejor.2006.01.011zbMath1111.90329OpenAlexW1966841982MaRDI QIDQ856299

Michael A. Talias

Publication date: 7 December 2006

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2006.01.011

zbMATH Keywords

statistical decision theorygittins indexPearson indexproject prioritizationresearch and development in pharmaceutical industry

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Stochastic models in economics (91B70) Production models (90B30)

Related Items

Index policy for multiarmed bandit problem with dynamic risk measures ⋮ Constructing strategies in strategic planning: a decision support evaluation model ⋮ Genetic algorithm-based multi-criteria project portfolio selection

Cites Work

• IX. On the problem of the most efficient tests of statistical hypotheses
• Optimum Character of the Sequential Probability Ratio Test
• Sequential Tests of Statistical Hypotheses
• Unnamed Item
• Unnamed Item
• Unnamed Item