Stanford Strategic Decision and Risk Management

Decision Analysis (XSDR122)

This course presents the philosophy and analytic tools of decision analysis, the analytic foundation for all the courses in the Strategic Decision and Risk Management program. The course is taught by Stanford's Professor Ron Howard, who coined the name, developed the discipline, and pioneered its application to all types of decisions. This course provides a rare opportunity to study with the founder of this important field. You will learn to:

Analyze the personal and professional decisions that shape lives and organizations
Follow a decision approach that scales to treat decisions at all levels of importance
Use the concepts that clarify thinking and choice
Avoid the pitfalls of intuitive decision-making.

The course is taught by the Socratic method - guided, but unfettered, by an instruction plan. Important concepts are introduced when they arise in the discourse and therefore at the peak of interest. The open format allows pursuit of a topic to an appropriately satisfying conclusion rather than cutting off discussion summarily at the end of a class.

Course Syllabus

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