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
We confidently stand by our claim that DPL is the most powerful, full featured application for decision tree and influence diagram modeling on the market today. See what sets us above the rest.
Influence Diagrams play an important, complementary role in decision modelling with its ability to aptly frame decisions and convey conditional relationships
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?