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Making Hard Decisions with DecisionTools by Robert T. Clemen and Terence Reilly (2013, Hardcover)

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Making Hard Decisions with DecisionTools. Title : Making Hard Decisions with DecisionTools.

About this product

Product Identifiers

PublisherCengage South-Western

ISBN-100538797576

ISBN-139780538797573

eBay Product ID (ePID)80015609

Product Key Features

Number of Pages848 Pages

Publication NameMaking Hard Decisions with Decisiontools

LanguageEnglish

Publication Year2013

SubjectDecision-Making & Problem Solving, Statistics

FeaturesRevised

TypeTextbook

AuthorRobert T. Clemen, Terence Reilly

Subject AreaEducation, Business & Economics

FormatHardcover

Dimensions

Item Height9.2 in

Item Weight50.4 Oz

Item Length1.6 in

Item Width7.7 in

Additional Product Features

Edition Number3

Intended AudienceCollege Audience

Dewey Edition22

Reviews"The book is very usable for students, even if they don't use it for class. I recommend to all my students that MAKING HARD DECISIONS should be part of their professional library." - Andrew G. Loerch, George Mason University, Very clear, easy to read, easy to follow. It covers most of the important topics in DA I like the section on natural conjugates especially., 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 Interactions18. Conclusions and Further Reading., The book is very usable for students, even if they don't use it for class. I recommend to all my students that MAKING HARD DECISIONS should be part of their professional library.

Dewey Decimal658.40352

Table Of Content1. 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 Interactions18. Conclusions and Further Reading.

Edition DescriptionRevised edition

SynopsisMAKING 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 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.