A decision tree can help you make tough choices between different paths and outcomes, but only if you evaluate the model correctly. Decision trees are graphic models of possible decisions and all ...

Decision trees are major components of finance, philosophy, and decision analysis in university classes. Yet, many students ...

Quality forecasts and evaluations depend upon well-designed project and portfolio models that are based upon clear decision policy, sound professional judgments, and a good decision process. In this ...

This paper describes an improved method for investment decision making. The method, which is called the stochastic decision tree method, is particularly applicable to investments characterized by high ...