Decision Analysis Publication Award

Purpose of the Award
The Decision Analysis Society Publication Award is given annually to the best decision analysis journal article or book published in the second preceding calendar year, as judged by an award committee. For example, publications appearing in the year 2024 would be eligible for consideration in the year 2026. Eligibility is determined by the date on which the publication appeared in print or, for online-only journals, the date on which it was published online by the journal.


For this award, decision analysis is defined as a prescriptive approach to provide insight for decision making based on axioms that are logically consistent with the axioms of von Neumann and Morgenstern and of Savage. Key constructs of decision analysis are utility to quantify one's risk preferences and probability to quantify the state of one's knowledge. The intent of the award is to recognize the best publication in decision analysis. Contributions could include, but are not limited to, theoretical, methodological, and procedural contributions to decision analysis, descriptions of applications and experimental studies. Publications addressing behavioral aspects of decision making are eligible if the relevance to the theory or practice of prescriptive decision analysis is clear.

Nominated publications will be judged for significance, relevance, originality, and readability. The award includes an honorarium of $750 and a plaque.

Application Process

Submission deadline: June 8, 2026

We are accepting nominations for the Decision Analysis Society's Publication Award. Papers or books published in 2024 are eligible. Please submit your nomination(s) by email to the committee chairs by June 8, 2026.


A complete nomination consists of the following:

- Author's name(s)
- Full journal citation or book title
- Copy of the publication, preferably in electronic form.
- Encouraged: A short statement (no more than 1 page) summarizing why the publication should be considered for the award.
- Optional: Testimonials by those who have benefited from the work
Self-nominations are permissible. The Publication Award Committee members may also nominate publications.


Please contact us if you have any questions.

Sincerely,
2025 INFORMS Decision Analysis Society (DAS) Publication Award Co-Chairs

Alessandra Cillo: acillo@liuc.it

Associate Professor, BPER Bank Chair in Business Analytics, LIUC University, Italy

Johannes Müller-Trede: JMuller@iese.edu

Associate Professor of Managerial Decision Sciences, IESE Business School, Barcelona, Spain

2026 Prize Chairs

 

Alessandra Cillo: acillo@liuc.it

Associate Professor, BPER Bank Chair in Business Analytics, LIUC University, Italy

Johannes Müller-Trede: JMuller@iese.edu

Associate Professor of Managerial Decision Sciences, IESE Business School, Barcelona, Spain

Congratulations to the 2026 Winners

  • Winner:

Soll, J. B., Palley, A. B., Klayman, J., & Moore, D. A. (2024). Overconfidence in probability distributions: People know they don't know, but they don't know what to do about it. Management Science, 70(11), 7422-7442.

  • Runners-up: 

Baucells, M., Grushka-Cockayne, Y., & Hwang, W. (2024). Managerial mental accounting and downstream project decisions. Management Science, 70(12), 8612-8630.

Soule, D., Grushka-Cockayne, Y., & Merrick, J. (2024). A heuristic for combining correlated experts when there are few data. Management Science, 70(10), 6637-6668.

Congratulations to the 2025 Winners

  • Winner: Witkowski, Jens, Rupert Freeman, Jennifer Wortman Vaughan, David M. Pennock, and Andreas Krause, 2023. Incentive-compatible forecasting competitions. Management Science, 69(3), pp.1354-1374.

  • Runner-up: Palley, Asa B., and Ville A. Satopaa, 2023. Boosting the wisdom of crowds within a single judgment problem: Weighted averaging based on peer predictions. Management Science, 69(9), pp.5128-5146.

  • Finalist: Chen, Yiting, Tracy Xiao Liu, You Shan, and Songfa Zhong, 2023. The emergence of economic rationality of GPT. Proceedings of the National Academy of Sciences, 120(51)
  • Finalist: Chen, Wen, Ying He, and Saurabh Bansal, 2023. Customized dynamic pricing when customers develop a habit or satiation. Operations Research, 71(6), pp.2158-2174.

Congratulations to the 2024 Winners

  • Simon French (2020) Axiomatizing the Bayesian Paradigm in Parallel Small Worlds. Operations Research 70(3):1342-1358.

    Finalists:

  • Robert Mislavsky, Celia Gaertig (2021) Combining Probability Forecasts: 60% and 60% Is 60%, but Likely and Likely Is Very Likely. Management Science 68(1):541-563

  • Zachary J. Smith, J. Eric Bickel (2022) Weighted Scoring Rules and Convex Risk Measures. Operations Research 70(6):3371-3385.

Congratulations to the 2023 Winners

  • Ying He (2021). Revisiting Ellsberg's and Machina's paradoxes: a two-stage evaluation model under ambiguity. Management Science, 67(11), 6897-6914.

    Finalists:

  • Mark Himmelstein, Pavel Atanasov, & David V. Budescu, (2021). Forecasting forecaster accuracy: Contributions of past performance and individual differences. Judgment and Decision Making, 16(2), 323-362.
  • Lawrence Blume, David Easley, & Joseph Y. Halpern, (2021). Constructive decision theory. Journal of Economic Theory, 196, 105306.

Click here for a complete listing of past awardees.