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Decision Analysis

By: George Wu and Kathleen McGinn
  • Format:Print
  • | Language:English
  • | Pages:12
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Abstract

Describes decision analysis, a systematic approach for analyzing decision problems. A running example illustrates problem structuring (decision trees), probability assessment, endpoint evaluation, “folding back the tree” as a method of analysis, and sensitivity analysis.

Keywords

Decision Analysis; Decision Trees; Probability; Decision Making; Analysis

Citation

Wu, George, and Kathleen McGinn. "Decision Analysis." Harvard Business School Background Note 917-018, February 2017.

About The Author

Kathleen L. McGinn

Negotiation, Organizations & Markets
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