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Pegasystems Inc. (Pega) is a global software company based in Cambridge, Massachusetts, USA, and founded in 1983. [4] The company has been publicly traded since 1996 as PEGA . [5] Pega is a platform for workflow automation and generative AI-powered decisioning that helps businesses move towards becoming autonomous enterprises. [6]
Decision intelligence framework. Decision intelligence is an engineering discipline that augments data science with theory from social science, decision theory, and managerial science.
Dynamic decision making research uses computer simulations which are laboratory analogues for real-life situations. These computer simulations are also called “microworlds” [4] and are used to examine people's behavior in simulated real world settings where people typically try to control a complex system where later decisions are affected by earlier decisions. [5]
The term decision matrix is used to describe a multiple-criteria decision analysis (MCDA) problem. An MCDA problem, where there are M alternative options and each needs to be assessed on N criteria, can be described by the decision matrix which has N rows and M columns, or M × N elements, as shown in the following table.