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Decision Management Modeling

  • Michael Taillard
Chapter

Abstract

When faced with multiple alternate options of how to act or respond to a situation, it can be difficult to determine which is best. This chapter describes how to estimate the value of success, the cost of failure, and the probability of success and use these things to calculate your best options, all while working to keep your actions guided back toward the singular goal of winning the conflict.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Michael Taillard
    • 1
  1. 1.Economics Strategy ConsultantBeulahUSA

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