Decision Analysis, Simulation, and Other Techniques

  • Rosalie T. Ruegg
  • Harold E. Marshall


Decision analysis is one of the few techniques for making economic decisions in an uncertain environment that formally treats both risk exposure and risk attitude. It provides a methodology that allows a decision maker to include alternative outcomes, risk attitudes, and subjective impressions about uncertain events in an evaluation of investments.1


Cash Flow Cumulative Distribution Function Decision Analysis Risk Exposure Risk Attitude 


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Copyright information

© Springer Science+Business Media New York 1990

Authors and Affiliations

  • Rosalie T. Ruegg
  • Harold E. Marshall

There are no affiliations available

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