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Decision theory course

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

What will I learn?

Gain practical skills in decision theory by constructing payoff matrices, modelling costs, prices, and capacity, and calculating expected monetary value, expected utility, and non-probabilistic methods. Utilise macro and market data for probability estimates, conduct sensitivity and break-even analyses, and convert intricate risk decisions into straightforward, actionable advice with clear warnings and evidence-based actions.

Elevify advantages

Develop skills

  • Build decision models using payoff matrices to evaluate strategies amid uncertainty.
  • Perform risk assessments with EMV, utility functions, and sensitivity analysis for robust decisions.
  • Derive probabilities from macro and market data to create realistic demand forecasts.
  • Model profits by integrating price, costs, capacity, and demand to predict results.
  • Develop clear executive summaries with data support, risks highlighted, and next steps.

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 lessons 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 change chapters and skip content I don't need.
Mariana Ferres
Mariana FerresPhotography Student
I like the content and the way videos are presented and transcribed, which speeds up the process!
Luciana Alvarenga
Luciana AlvarengaNail Design Student
The platform is fast, simple to use. The diversity of content and complementary videos help a lot with learning.
André Felipe
André FelipePrompt Engineering Student

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