Decision Making Essentials You Always Wanted to Know

Editora:

Vibrant Publishers

Código:

491_9781636510026

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Includes · Introduction to Decision Making· Scenario Planning and Prediction Markets · Group Mechanics· Heuristics and Programmed Decisions · Probability and Base Rate NeglectDecision Making Essentials You Always Wanted to Know prepares new managers and leaders to make those tough decisions they face by providing them with a tool box of decision analysis techniques to help them understand and analyze the decisions they make.The chapters describe key techniques of decision analysis, including: • Cognitive biases and Prospect Theory• Heuristics• Probability and Expected Value• Bayes Theorem• Multi-attribute decision making, including the SMART, Elimination by Aspects, and Even Swaps methods• Game Theory• Prediction Markets• Brainstorming and Groupthink• Black Swan Events. Each chapter provides clear examples of the decision making tools and includes practice examples to help train the reader in using these critical tools.

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