Documents Decision Analysis Prof. Carl Thompson [email protected].

Slide 1 Decision Analysis Prof. Carl Thompson [email protected] Slide 2 What is decision analysis? Based on a normative theory of decision making: subjective expected utility…

Documents Decision Analysis. What is decision analysis? Based on expected utility theory Based on expected...

Slide 1 Decision Analysis Slide 2 What is decision analysis? Based on expected utility theory Based on expected utility theory Used in conditions of uncertainty Used in conditions…