Chris Dalton

If you build and train a model that explains observations under one set of rules, and then you change the rules, the parameters in your model are probably wrong

Nobel prize winner Ben Bernanke has written about real options

DPL's Influence Diagram and Decision Tree are used to analyze the classic Monty Hall problem

Larry Neal and Carl Spetzler penned an article in Harvard Business Review explaining Chevron's multi-decade commitment to Decision Quality, of which Decision Analysis is a key part

Learn how to embed your DPL Workspace in your Excel Workbook -- a convenience features that results in a single file to keep track of

How to  

The humble tornado diagram is disarmingly simple but can be surprisingly difficult to do right


Some key FAQ's and a few helpful sources regarding 32-bit and 64-bit applications

DPL Tech   Excel  

Syncopation's top highlights and lowlights of INFORMS Annual Meeting 2014 in San Francisco

The Almanac Exercise is a probability assessment game well known within Decision Analysis circles. Give it a try and see how well you do at assessing ranges.

When it comes to modelling uncertainty, there are two kinds of people: discrete decision tree people and continuous Monte Carlo simulation people. But which is better?