Tools for Decision making

In Deciding how to decide

following are the tools mentioned.

  1. Monte Carlo simulations Here’s an example of Project Risk Management and the application of Monte Carlo Simulation
  2. Decision Analysis  Decision Analysis comes of age decision tree analysis,                   probabilistic forecasting  and multiattribute utility analysis
  3. Real options Valuation Professor Damodar’s notes on Real Options
  4. Information Markets 

Real options Valuation reminds me of a book I read a while ago

Decision Quality by Carl Spetzler 

Be on the lookout for his free course DQ 101: Introduction to Decision Quality

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