GBUS 890 - Management Decision Models

This course will be treated as a workshop in decision consulting and modeling. Applications receiving special attention are strategy analysis and modeling (options thinking, hybrid strategies, and contingent strategy under uncertainty), dynamic models (such as random walk, brand-switching dynamics), and financial modeling (correlation, exposure, hedging, and simulation of real options). New methodology will treat risk preference, tornado diagram sensitivity and risk management, correlated variables and scenarios, dynamic uncertainty models, multi-attribute values and decisions, and the decision quality process used in decision consulting. The course is about creating models and model-building skills, not simply appreciating what others can do with models. (Y)

Credits: 1.5