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Decision theory course

Decision theory course
from 4 to 360h flexible workload
valid certificate in your country

What will I learn?

Gain practical skills in decision theory by constructing payoff matrices, modelling costs, prices, capacity, and demand. Master computing expected monetary value, expected utility, and non-probabilistic methods. Utilise macro and market data for probability estimation, conduct sensitivity and break-even analyses, and formulate actionable recommendations from complex risk assessments with precise caveats.

Elevify advantages

Develop skills

  • Build decision models with payoff matrices to evaluate strategies amid uncertainty.
  • Conduct risk assessments using EMV, utility, and sensitivity for robust decisions.
  • Derive probabilities from macro and market data to create demand forecasts.
  • Model profits by integrating price, costs, capacity, and demand projections.
  • Develop concise executive summaries with data support and explicit risk warnings.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students say

Your classes are perfect. I purchased the one-year package and finally have the opportunity to follow various topics of my interest without needing to change platforms... I thank you for everything you do, I've already recommended you to other people...
Giulio Carlo
Giulio CarloDigital Marketing Student
I like how the lessons are straight to the point and how I can switch chapters and skip content I don't need.
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Mariana FerresPhotography Student
I like the content and the way videos are presented and transcribed, which speeds up the process!
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Luciana AlvarengaNail Design Student
The platform is fast, simple to use. The diversity of content and complementary videos really help with learning.
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André FelipePrompt Engineering Student

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