In 1968, Harvard Business School professor Howard Raiffa published a book called Decision Analysis: Introductory Lectures on Choices Under Uncertainty. It was an attempt to translate Bayesian statistical thinking into terms understandable to laypeople, and it introduced the use of decision trees and numerical probability assessments to business and government decision-making.
Larry Summers on His Decision-Making Process for the Auto Bailout
It was too complex to reduce to a classroom exercise.
November 15, 2013
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New!
HBR Learning
Decision Making Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Decision Making. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Practical ways to improve your decision-making process.