FEATURES AND DELIVERABLES

OBJECTIVE
To determine the "best" decision strategy for your decision situation.

• The Expected Monetary Value (or Expected Utility) of the nodes are calculated. For decisions involving financial risks, the "best" decision strategy is determined using the Expected Monetary Value (EMV) criterion. For other decisions, the "best" strategy is determined using Expected Utility as choice criterion (e.g., quality-adjusted life years, in clinical decision analysis).
• A private website featuring the Decision Tree and the EMVs or Expected Utilities of the nodes is created. Only you or those you authorize can access this website on the Internet. The website is stored for one month.

OBJECTIVE
To conduct a sensitivity analysis of the EMVs (or Expected Utilities) of the Decision Tree's nodes to simultaneous changes in costs, benefits, and payoffs.

• The sensitivity of the EMVs (or Expected Utilities) to changes in the costs, benefits, and payoffs is analyzed. The strength of the costs, benefits, or payoffs is varied from 0% to 100%: the costs, benefits, and payoffs are varied simultaneously, from their From values to their To values.
• Colorful graphs depicting how the EMVs (or Expected Utilities) vary with the strength of the costs, benefits, and payoffs are produced.
• A private website featuring the decision and outcome nodes and the associated information is created. Only you or those you authorize can access this private website on the Internet. The website is stored for six months. Other arrangements are possible.