While decision theory has a rich history of applications to real-world problems in many disciplines, including economics, risk analysis, business management, and theoretical behavioral ecology ...

Decision theory is a framework for making rational choices in uncertain situations. It combines elements from various fields, including economics, psychology, and statistics, to analyze how ...

We explore utility theory under certainty ... These tools include pre-mortem analysis, scenario analysis, decision trees, models of wisdom of the crowd and informational cascades. This course ...

Our MEDS faculty is world-renowned for research and teaching in microeconomics, game theory, political economy, decision theory, probability and statistics. Faculty in the MEDS department have won ...

Raiffa, Howard, John Richardson, and David Metcalfe. Negotiation Analysis: The Science and Art of Collaborative Decision Making. Cambridge: Harvard University Press, 2003.