Decision Tree tool is used to simulate various scenarios. It allows you to analyze the probability and cost of each decision, and subsequent options of the future events development taking into account the opportunities and risks. For simulating game theory you can use Precision Tree program.
Key questions worth answering in game theory:
1. Players
2. Elections
3. Consequences
4. Uncertainties
5. Benefits
The company receives following benefits:
1. Scenarios Visualization
2. Possible consequences assessment
3. Optimal decision chain determination
4. Modeling and sensitivity analysis
5. Identifying the level of risk
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