Decision making essentials: you always wanted to know
- USA Vibrant Publishers 2021
- 188 p.
- Self-Learning Management Series .
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.