Sequential Decisions: Decision Trees (Arboles De Decisión)

34 Pages Posted: 16 May 2007  

Ignacio Velez-Pareja

Grupo Consultor CAV Capital Advisory & Valuation

Date Written: October 20, 2003

Abstract

This is a course material from the book Managerial Decision Making Under Risk and Uncertainty. The book is originally in Spanish and is untitled as Decisiones empresariales bajo riesgo e incertidumbre. The level of the book is basic. We use very few mathematics and it is expected to be used by managers.

In this eigth chapter we analyse the problem of sequencial decisions. In particular we use the decision tree approach. We illustrate the tool with a relatively complex example.

Notes: Downloadable document is in Spanish

Keywords: Sequential decisions, decision trees

JEL Classification: G31

Suggested Citation

Velez-Pareja, Ignacio, Sequential Decisions: Decision Trees (Arboles De Decisión) (October 20, 2003). Available at SSRN: https://ssrn.com/abstract=986975 or http://dx.doi.org/10.2139/ssrn.986975

Ignacio Velez-Pareja (Contact Author)

Grupo Consultor CAV Capital Advisory & Valuation ( email )

Ave Miramar # 18-93 Apt 6A
Cartagena
Colombia
+573112333074 (Phone)

HOME PAGE: http://cashflow88.com/decisiones/decisiones.html

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