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Making Hard Decisions with Decision Tools, 3rd Edition

2013

Making Hard Decisions with Decision Tools® is a new edition and teaches the fundamental ideas of decision analysis, without an overly technical explanation of the mathematics used in decision analysis. This new version has been purposefully written to be more relevant to students in business and engineering compared to previous versions.

This new version also incorporates and implements the powerful DecisionTools® software by Palisade Corporation. At the end of each chapter, topics are illustrated with step-by-step instructions for DecisionTools®.

Chapters include:

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

 

Related Files:

Source:

Clemen RT, Reilly T. Making Hard Decisions with Decision Tools, 3rd Edition. Cengage Learning 2013.