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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 creating payoff matrices, modelling costs, prices, capacity, and calculating EMV, expected utility, plus non-probabilistic methods. Utilise macro and market data for probabilities, conduct sensitivity and break-even analyses, and convert complex risks into clear, actionable advice with caveats and data-guided steps.

Elevify advantages

Develop skills

  • Build decision models with payoff matrices to evaluate strategies amid uncertainty.
  • Perform risk assessments via EMV, utility calculations, and sensitivity analysis for better choices.
  • Convert macro and market data into realistic probabilities and demand forecasts.
  • Model profits by integrating price, costs, capacity, and demand to predict results.
  • Develop clear, data-supported recommendations with explicit risks and next actions.

Suggested summary

Before starting, you can change the chapters and 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

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EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company where I work.
SilviaNurse
Very great course. Lots of rich information.
WiltonCivil Firefighter

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