Design Decisions Laboratory

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The Design Decisions Laboratory at [[Carnegie Mellon University]] was established by Professor Jeremy Michalek in 2005 to develop theories and tools to understand and assist decision-making in design and product development. The group is interested in the preferences and economics that drive design tradeoff decisions as well as the impact of those decisions on public and private stakeholders. Drawing upon research in economics, marketing, psychology, and public policy as well as engineering and design optimization, the lab pursues three primary thrust areas:  
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The [http://www.cmu.edu/me/ddl/ Design Decisions Laboratory] develops theories and tools to understand and assist decision-making in design and product development. The group is interested in the preferences and economics that drive design tradeoff decisions as well as the impact of those decisions on public and private stakeholders. Drawing upon research in economics, econometrics, marketing and public policy as well as engineering and design optimization, the lab pursues three primary thrust areas:
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#Provide designers with a better understanding of how diverse consumer preferences and economics affect their decisions so that designs can be optimized with business objectives, such as profitability, in mind;  
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# '''[[Systems Optimization]]:''' Develop fundamental knowledge and new methods for multidisciplinary design and complex systems optimization;
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#Provide policymakers with methods to identify and predict probable market design responses to regulation and identify potential impacts on producers, users, society, and the environment; and  
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# '''Market Modeling:''' Measure and model consumer choice in the marketplace to optimize engineering systems for profitability; and
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# Develop fundamental theory and mathematical algorithms with application to systems, design, and the above objectives.  
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# '''[[Environmental Policy]]:''' Study the effects of economics, competition and public policy on design decisions and the resulting environmental impact of those decisions.
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http://www.cmu.edu/me/ddl
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=Links=
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* [http://www.cmu.edu/me/ddl Lab Website]
[[Category:research groups]]
[[Category:research groups]]

Revision as of 13:00, 11 June 2007

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The Design Decisions Laboratory develops theories and tools to understand and assist decision-making in design and product development. The group is interested in the preferences and economics that drive design tradeoff decisions as well as the impact of those decisions on public and private stakeholders. Drawing upon research in economics, econometrics, marketing and public policy as well as engineering and design optimization, the lab pursues three primary thrust areas:

  1. Systems Optimization: Develop fundamental knowledge and new methods for multidisciplinary design and complex systems optimization;
  2. Market Modeling: Measure and model consumer choice in the marketplace to optimize engineering systems for profitability; and
  3. Environmental Policy: Study the effects of economics, competition and public policy on design decisions and the resulting environmental impact of those decisions.

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