Name: Making Hard Decisions with DecisionTools By Terence Reilly (Babson College)
SKU: 9780538797573
Price: 22.43 USD
Availability: InStock

Making Hard Decisions with DecisionTools Summary

Making Hard Decisions with DecisionTools by Terence Reilly (Babson College)

MAKING HARD DECISIONS WITH DECISIONTOOLS is a new edition of Bob Clemen's best-selling title, MAKING HARD DECISIONS. This straightforward book teaches the fundamental ideas of decision analysis, without an overly technical explanation of the mathematics used in decision analysis. This new version incorporates and implements the powerful DecisionTools software by Palisade Corporation, the world's leading toolkit for risk and decision analysis. At the end of each chapter, topics are illustrated with step-by-step instructions for DecisionTools . This new version makes the text more useful and relevant to students in business and engineering.

Making Hard Decisions with DecisionTools Reviews

1. Introduction to Decision Analysis. SECTION I: MODELING DECISIONS. 2. Elements of Decision Problems. 3. Structuring Decisions. 4. Making Choices. 5. Sensitivity Analysis. 6. Organizational Decision Making. SECTION II: MODELING UNCERTAINTY. 7. Probability Basics. 8. Subjective Probability. 9. Theoretical Probability Models. 10. Using Data. 11. Monte Carlo Simulation. 12. Value of Information. 13. Real Options. SECTION III. MODELING PREFERENCES. 14. Risk Attitudes. 15. Utility Axioms, Paradoxes, and Implications. 16. Conflicting Objectives I: Fundamental Objectives and the Additive Utility Function. 17. Conflicting Objectives II: Multiattribute Utility Models with Interactions 18. Conclusions and Further Reading.

About Terence Reilly (Babson College)

Terence Reilly is an associate Professor of Mathematics at Babson College. His interests include developing innovative curriculum for MBA programs, particularly distance programs, along with simulation and decision analysis. His research interests are in developing sensitivity analysis techniques and fitting distribution curves to univariate and multivariate uncertainties. Recently, he has developed courses in financial methods using simulation and decision analysis. Robert T. Clemen is Professor at the Fuqua School of Business at Duke University. He has been an active contributor to the field of decision analysis since earning his Ph.D. at Indiana University in 1984 and is an authority in the use of expert information in decision and risk analysis. He has interests in applying decision analysis in the areas of energy use and corporate sustainabiligy. Aside from his research interests, Bob has a strong focus on making decision analysis understandable to all students at all levels, ranging from high school students to executives.

1. Introduction to Decision Analysis. SECTION I: MODELING DECISIONS. 2. Elements of Decision Problems. 3. Structuring Decisions. 4. Making Choices. 5. Sensitivity Analysis. 6. Organizational Decision Making. SECTION II: MODELING UNCERTAINTY. 7. Probability Basics. 8. Subjective Probability. 9. Theoretical Probability Models. 10. Using Data. 11. Monte Carlo Simulation. 12. Value of Information. 13. Real Options. SECTION III. MODELING PREFERENCES. 14. Risk Attitudes. 15. Utility Axioms, Paradoxes, and Implications. 16. Conflicting Objectives I: Fundamental Objectives and the Additive Utility Function. 17. Conflicting Objectives II: Multiattribute Utility Models with Interactions 18. Conclusions and Further Reading.

Additional information

Sku

CIN0538797576G

ISBN 13

9780538797573

ISBN 10

0538797576

Title

Making Hard Decisions with DecisionTools by Terence Reilly (Babson College)

Author

Terence Reilly (Babson College)

Condition

Used - Good

Binding type

Hardback

Publisher

Cengage Learning, Inc

Year published

20130524

Number of pages

848

Prizes

N/A

Cover note

Book picture is for illustrative purposes only, actual binding, cover or edition may vary.

Note

This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

Making Hard Decisions with DecisionTools Terence Reilly (Babson College)

Making Hard Decisions with DecisionTools by Terence Reilly (Babson College)

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Making Hard Decisions with DecisionTools Summary

Making Hard Decisions with DecisionTools by Terence Reilly (Babson College)

Making Hard Decisions with DecisionTools Reviews

About Terence Reilly (Babson College)

Table of Contents

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