Decision Theory Course
Master decision theory for management. Learn to model uncertainty, assess risk, build payoff matrices, and turn market data into clear, confident strategic recommendations that balance upside potential with downside protection.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This short, practical Decision Theory Course teaches you to build clear payoff matrices, model costs, prices, and capacity, and compute EMV, expected utility, and non-probabilistic criteria. Learn to use macro and market data to set probabilities, run sensitivity and break-even analyses, and turn complex risk trade-offs into concise, actionable recommendations with explicit caveats and data-driven next steps.
Elevify advantages
Develop skills
- Decision modeling: build payoff matrices and compare strategies under uncertainty.
- Risk analysis: compute EMV, utility, and sensitivity to guide safer decisions.
- Market-based probabilities: turn macro and industry data into demand scenarios.
- Profit modeling: link price, cost, capacity, and demand to forecast outcomes.
- Executive recommendations: craft concise, data-backed choices with clear caveats.
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.What our students say
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