The attraction of a decision tree is that it brings together conceptual thinking about a decision problem and the quantitative evaluation of it. For the latter purpose it may be inferior to other methodologies, for example Monte Carlo simulation or analytical Continue reading An innovation for decision tree probabilities
Monthly Archives: August 2017
The Shell scenarios of the 90s and what came of it
I am a big fan of look backs and after action reviews. Only in that way can we learn, reflect on how we looked at opportunities, what we were thinking at the time and whether the decisions taken made sense in the context of what we knew or could know. The objective is Continue reading The Shell scenarios of the 90s and what came of it