Making Hard Decisions
by Clemen, Robert T.Format: Hardcover
Pub. Date: 1997-08-15
Publisher(s): Cengage Learning
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List Price: $318.57
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Summary
This best-selling and up-to-date survey of decision analysis concepts and techniques is accessible to students with limited mathematical backgrounds. It is designed for advanced undergraduate and MBA-level courses in decision analysis and also for business courses in introductory quantitative methods. (Prerequisites: college algebra; introductory statistics.)
Table of Contents
| 1. Introduction | |
| SECTION I - MODELING DECISIONS | |
| 2. Elements of Decision Problems | |
| 3. Structuring Decisions | |
| 4. Making Choices | |
| 5. Sensitivity Analysis | |
| 6. Creativity and Decision Structuring | |
| 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 | |
| SECTION III - MODELING PREFERENCES | |
| 13. Risk Attitude | |
| 14. Utility Axioms, Paradoxes, and Implications | |
| 15. Conflicting Objectives I: Some Basic Techniques | |
| 16. Conflicting Objectives II: Multiattribute Utility Models | |
| 17. Conclusion and Further Reading | |
| Appendixes |
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