10/31/2010 12:00 AM Posted by: Jan Schulze, Decision Frameworks, VP of Software Development
I was raised to believe in the virtues of Monte Carlo analysis techniques for all things probabilistic. I saw great utility with this approach and even wrote my own Monte Carlo simulator. I came late to Decision Tree analysis, and now have a much deeper appreciation for its merits, believing that each approach has its place. Over the next few newsletters, I intend to point out the strengths and weakness of both approaches, beginning, in this issue, with a quantitative comparison.
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5Tree ModelTree Model (1)
1Wisdom of CrowdsWisdom of Crowds (2)
201111November2November 2011 (2)
201010October1October 2010 (1)
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