Decision Science Tools
Lecture no. 7 from the course: The Economics of Uncertainty
Taught by Professor Connel Fullenkamp | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
When is a risky project worth doing? Learn how corporate managers decide whether they should undertake a new enterprise. Discover that simple graphic aids, such as scenario analysis and decision trees, are powerful tools for weighing risk in both business and daily life.