Decision Models

3 credits · Fuqua School of Business

Successful management requires the ability to recognize a decision situation, understand its essential features, and make a choice. However, many such situations may be too difficult to grasp intuitively, or the stakes may be too high to learn by experience. In these cases, we may benefit from using decision models - simplified representations of these situations that allow you to consider the different possible scenarios (i.e., ask 'what if') and learn more about the problem. This course is for MSQM: Health Analytics students.