Decision Making Essentials You Always Wanted to Know

Released on by Vibrant Publishers
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  • Decision Making Essentials You Always Wanted to Know Book Detail

  • Author : Vibrant Publishers
  • Release Date : 2020-09-09
  • Publisher :
  • Genre : Business & Economics
  • Pages : 192
  • ISBN 13 : 9781636510026
  • File Size : 78,78 MB
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Decision Making Essentials You Always Wanted to Know by Vibrant Publishers PDF Summary

Book Description: Includes - Introduction to Decision Making - Scenario Planning and Prediction Markets - Group Mechanics - Heuristics and Programmed Decisions - Probability and Base Rate Neglect Decision 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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