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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, modeling costs, prices, and capacity, and calculating expected monetary value, utility, and non-probabilistic methods. Use market and macro data for probabilities, conduct sensitivity and break-even analyses, and create actionable recommendations from risk trade-offs with clear caveats.

Elevify advantages

Develop skills

  • Build payoff matrices to compare strategies amid uncertainty.
  • Calculate EMV, utility, and sensitivity for risk-informed choices.
  • Convert macro and market data into realistic demand probabilities.
  • Model profits linking price, costs, capacity, and demand forecasts.
  • Formulate data-driven executive recommendations with explicit caveats.

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

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

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