Analytica > Decision analysis & multi-criteria

Decision analysis & multi-criteria

Decision analysis is a set of methods to help people and organizations address challenging decisions more effectively than using simple intuition. It provides tools like decision trees and influence diagrams to help structure problems, multiattribute (multicriteria) methods to handle problems with several often conflicting objectives, quantifying attitudes towards risk, and ways of treating uncertainty using probability distributions.

The value of knowing how little you know

Understand the Expected Value of Including Uncertainty (EVIU), compare with the Expected Value of Perfect Information (EVPI), and the insights it gives into a variety of problems.

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Decision making when there is little historic precedent

Learn how to make decisions and strategic plans in uncertain situations, where historical data is not available. See how to model this in Analytica with clarity and insight.

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Rehab for a river ecosystem

Rivers tamed by artificial channels, dikes, and levees to reduce flooding, often damage habitats. Researchers created IRRM to find the best way to rehabilitate river ecosystems.

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Do inuit hunters threaten whale populations?

Population variance, whale fertility and mortality in the absence of hunting are considered in this Analytica model to evaluate the risk to whale populations.

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