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MS&E Introduction to Decision Analysis

Business Law: Media, Entertainment, Sports

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MS&E 152

Introduction to Decision Analysis

School of Engineering

Recommended for route(s):

[ Transactional ] Business Law: Media, Entertainment, Sports

Why it is relevant for ...

[ Transactional ] as a Relevant Course outside SLS for those interested in Strategic Decision-Making : Strategy and good decision-making are important components in a successful business or non-profit. Strategy can be about finding the right markets, or about other issues that must be managed in the social, political and legal environments of the particular industry. Students should consider taking one or more courses focusing on techniques to analyze data and make good decisions. Students who do not have a quantitative background should consider taking the GSB, rather than the MS&E, courses on strategic decision-making.

General course Description:

How to make good decisions in a complex, dynamic, and uncertain world. People often make decisions that on close examination they regard as wrong. Decision analysis uses a structured conversation based on actional thought to obtain clarity of action in a wide variety of domains. Topics: distinctions, possibilities and probabilities, relevance, value of information and experimentation, relevance and decision diagrams, risk attitude. Students seeking to fulfill the Writing in the Major requirement should register for MS&E 152W.

Course Style: A Substantive course teaches the law, theory, and policy in a particular area of law

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