Decision Theory and Decision Tree

• 1. Decision theory
• 2. Decision tree
• 3. Decision criteria
• 4. Decision analysis
• 5. Decision making under risk
• 6. Examples

• Strategic Management and Managerial Decision Making (video and texts): http://education-portal.com/academy/topic/strategic-management-and-managerial-decision-making.html
  
• The Decision Making Process for Organizations (6:36)
• Decision Making for Managers: Certainty, Risk & Uncertainty (5:16)
  
• Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations (5:42)
• Function of Management (video and texts): http://education-portal.com/academy/topic/function-of-management.html
• The Seven Steps of Decision Making (6:45)
  
• Decision Theory - Decision Tables and Decision Trees, Game Theory, http://orms.pef.czu.cz/text/game-theory/DecisionTheory.html
• Decision trees -- Wikipedia, http://en.wikipedia.org/wiki/Decision_tree
• Mindtools: Decision Tree Analysis, http://www.mindtools.com/dectree.html
• Kirkwood, C. W., 2002. Decision Tree Primer, Department of Supply Chain Management, Arizona State University, Tempe, AZ. [http://www.public.asu.edu/~kirkwood/DAStuff/decisiontrees/]

References:

• Gilboa, I., 2011. Making Better Decisions: Decision Theory in Practice, Wiley-Blackwell, Chichester, West Sussex and Malden, MA. [658.403 G46]
• Peterson, M., 2009. An Introduction to Decision Theory, Cambridge University Press, New York. [519.542 P485 i61]

Video Presentation:

• TED Talk: Dan Gilbert: Why we make bad decisions (33:35), http://www.ted.com/talks/dan_gilbert_researches_happiness.html
• Harvard psychologist Dan Gilbert presents research and data from his exploration of happiness -- sharing some surprising tests and experiments that you can also try on yourself
  

Useful Websites:

• Game theory - Wikipedia, http://en.wikipedia.org/wiki/Game_theory
• John Forbes Nash, Jr. - Wikipedia, http://en.wikipedia.org/wiki/John_Forbes_Nash,_Jr.
• From Nash to Nash’s Game Theory (HKU Dept of Maths) [PDF]
  
• Wald's maximin model - Wikipedia, http://en.wikipedia.org/wiki/Wald's_maximin_model