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Howard Raiffa

decision trees; Smart Choices.

Raiffa was Frank Plumpton Ramsey Professor Emeritus at Harvard Business School and Harvard Kennedy School. He co-founded the discipline of decision analysis, producing foundational work on Bayesian decision theory and negotiation. His co-authored book Smart Choices (1999) distilled the PrOACT framework for structured personal and organisational decision-making.

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Last updated
10 May 2026
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