PPT-It’s Your Decision

Unit 2 Decision Making Chapter 5 CL Interpersonal Studies Unit Objectives Summarize the decisionmaking process Discuss the consequences and responsibilities of decisions Evaluate the affect of decisions on health wellbeing family interpersonal relationships employment and society as a whole. R. Keeney November . 28, 2012. Game Theory. A decision maker wants to behave optimally but is faced with an opponent. Nature – offers uncertain outcomes. Competition – another optimizing decision maker. A . decision tree. is a graphical representation of every possible sequence of decision and random outcomes (states of nature) that can occur within a given decision making problem.. A decision tree is composed of a collection of nodes (represented by circles and squares) interconnected by branches (represented by lines).. What is the relationship between reaction time, movement time and response time?. What is Hick’s Law?. Decision Making. Decision Making. Having used our memory to identify a stimulus.... Next stage is to make a decision of how to respond . Management science uses a scientific approach for solving management problems. It is used in a variety of organizations to solve many different types of problems . It encompasses a logical mathematical approach to problem solving.  . L. . Robin Keller*, Jay Simon**. * . University of California, Irvine, . USA. President. , INFORMS (INFORMS.org). ** Defense Resources Management Institute, USA.  . 11TH . International Workshop on Operations . Cognitive Neuroscience. David Eagleman. Jonathan . Downar. Chapter Outline. How Do We Decide What to Do?. The Predictably Irrational . Homo sapiens. Where Do Our Irrational Decisions Come From?. How the Brain Decides. Dr. . Y. İlker TOPCU. www.ilkertopcu.. net. . www.. ilkertopcu. .org. . www.. ilkertopcu. .. info. facebook.com/. yitopcu. . twitter.com/. yitopcu. instagram.com/. yitopcu. Dr. Özgür KABAK. Alternatives and States of Nature. Good Decisions vs. Good Outcomes. Payoff Matrix. Decision Trees. Utility Functions. Decisions under Uncertainty. Decisions under Risk. Decision Analysis - Payoff Tables. Dr. Jay Liebowitz. . Distinguished. Chair of . Applied Business and Finance. Harrisburg University of Science and Technology. jliebowitz@harrisburgu.edu. March. 10, 2017. 1. BI/Analytics Conceptual Framework . Effective Leadership Requires Making Wise Decisions . by EQUIP Ministries founded by John Maxwell. 1. 1. Lesson: T304.03 iteenchallenge.org 01 - 2012. Your Decision Determines Your Destiny. Effective Leadership Requires Making Wise Decisions . by EQUIP Ministries founded by John Maxwell. 1. 1. Lesson: T304.03 iteenchallenge.org 01 - 2012. Your Decision Determines Your Destiny. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. Decision Trees and Decision Tables 2 Decision Trees and Decision Tables Often our problem solutions require decisions to be made according to two or more conditions or combinations of conditions Decision trees represent such decision as a It has 4 phases.. 1.Action or acts.. 2.State of nature or events or outcome.. 3.Pay off and pay off table or pay off matrix.. Decision. A decision problem may be represented by tree diagram. Decision making problems deals with the selection of single act from a set of acts..