Managerial Decision Making
The programme, Managerial Decision Making, is a subject first delivered in November, 1997. Professor Robert Wood and I jointly teach the subject: Bob, as the applied psychologist, outlines the pitfalls to which human decision making is heir, and I, as the decision analyst, present some tools to help decision makers avoid these pitfalls, and make better decisions.
As well as my lectures (see below), I use the DATA software from TreeAge Software Inc. to demonstrate Influence Diagrams and Decision Trees.
Click here for some models I use, which I've made available for downloading, to be opened using TreeAge's DATA demo software.
The lecture overheads are available:
- Introduction
- Session 1 -- Decision Strategies
- Session 2 -- Frames & Biases
- Session 3 -- Decision Analysis -- Structuring
- Session 4 -- Decision Analysis -- Evaluating
- Session 5 -- Decision Analysis -- Gaining Insights
- Session 6 -- Group Decision Making
- Session 7 -- Escalation
- Session 8 -- Conclusion
DRIVE:
- The DRIVE Questionnaire
- Explanations of Speculators, Hedgers, Gamblers, Respondents, and Neutrals.
- Plots of recent program results,
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Last Updated 8 July, 2001 Robert Marks, bobm@agsm.edu.au