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Smart Choices by John S. Hammond, Ralph L. Keeney and Howard Raiffa — WisdomDeck honest review
Honest review · Mindset

Smart Choices

by John S. Hammond, Ralph L. Keeney and Howard Raiffa

Three decision scientists' PrOACT method: problem, objectives, alternatives, consequences, tradeoffs, plus uncertainty, risk tolerance and linked decisions. It is the most practical formal decision book, with worked examples, and it is especially good on defining the problem and the objectives before generating options.

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Read it if…

you face a significant decision and want a rigorous, usable process.

Skip it if…

you want intuition and heuristics; this is structured analysis.

Three things you will actually use

  1. Define the problem carefully; most errors start there.
  2. Objectives before alternatives.
  3. Even swaps make tradeoffs tractable.

Do this first

For your current decision, write the problem statement three different ways before listing any options.

Our verdict

Rigorous and usable.

Check it out

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