>

Institute Overview

The purpose of the Institute for Integrating Statistics in Decision Sciences (I²SDS) is to foster the integration of modern statistical methodologies into the decision sciences. The Institute's research emphasis is on Bayesian thinking and associated computing, probability elicitation, utility assessment and approaches for the maximization of expected utility for decision making.

Under the leadership of the Department of Decision Sciences of the School of Business, I²SDS is an academic collaborative partnership with the Departments of Statistics of the Columbian College of Arts and Sciences and the Engineering Management and Systems Engineering of the School of Engineering and Applied Science. The institute intends to explore collaboration with the faculty from the School of Medicine and the Law School.