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Introducción a la estadística
Bardolet Urgellès, David; Baucells Alibés, Manel; Gómez, JavierTechnical Note ADN-256Decision Analysis, EconomicsEsta nota técnica repasa los conceptos más básicos de la estadística. Se introducen algunas medidas de centralidad (media y mediana), así como las medidas de variabilidad más utilizadas (varianza, desviación estándar y rango). Se trata de una nota enfocada a alumnos que necesiten repasar conceptos básicos que se emplearán posteriormente en los cursos de análisis cuantitativo.Starting at €8.20
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Ethical Implications of Artificial Intelligence, Machine Learning, and Big Data
Gregory S. Zaric; Kyle Maclean; Jasvinder MannTechnical Note IVEY-9B21E004-EDecision AnalysisTechnology is advancing at a rapid rate, changing various aspects of our everyday lives. Businesses and governments are trying to adapt to this change by embracing positive aspects, while remaining attentive to negative aspects. This note focuses on technologies such as artificial intelligence, machine learning, and big data, considering the ethical issues that these technologies create within our society and also how these ethical issues are bei...Starting at €8.20
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Introducción a los árboles de decisión
de Santiago, Rafael; Gorecka-Pietrucha, JustynaTechnical Note ADN-278Decision AnalysisCuando se afronta una decisión compleja, la estructura del problema no siempre resulta obvia. Un diagrama de decisión puede ayudar a la persona encargada de la toma de decisiones a comprender la naturaleza del problema al que se enfrenta y evaluar el impacto del riesgo en la decisión final. También nos permite llevar a cabo un análisis de sensibilidad, con el que podemos evaluar la susceptibilidad de nuestra decisión inicial a pequeños cambios en...Starting at €8.20
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Multiple linear regression
Ariño, Miguel Angel; Agell, PereTechnical Note ADN-246-EDecision Analysis, EconomicsThis note explains the multiple linear regression model. It also explains how to use this model to determine a region's GDP according to the characteristics of the region.Starting at €8.20
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Auctions and Bidding
Baucells Alibés, ManelTechnical Note ADN-261-EDecision Analysis, EconomicsThis note introduces and analyses the four basic types of auctions: the ascending bid auction (oral or English auction), the descending bid auction (Dutch auction), the first-price sealed bid auction, and the second-price sealed bid auction. The author discusses the optimal bidding strategies for each type of auction under certain assumptions. The note includes an Exhibit that derives the optimal equilibrium strategies in first-price sealed bid a...Starting at €8.20
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Purpose: A Great Opportunity to Make the Future Matter
Huete, Luis MaríaTechnical Note PN-517-EBusiness Ethics and Corporate Social Responsibility, Decision Analysis, Leadership and People ManagementHaving a noble purpose humanizes work in companies, gives a sense of meaning to life and encourages decision making with the long term in mind. Leaders looking to create a better future must articulate an inspiring purpose for their companies and for their lives. This article offers ideas and suggestions in this regard.Starting at €8.20
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The Eight Stages in Team Decision-Making
Huete, Luis María; Merino, Ana IsabelTechnical Note PN-516-EDecision Analysis, Leadership and People ManagementEvery decision carries uncertainty and risk. We present a team decision-making model that takes into account the stages of the decision-making process, the flow of energy in the team throughout the process and different managerial style preferences. With these elements in mind, it will be easier to create the conditions for a diverse and aligned team, capable of making good decisions and executing them brilliantly.Starting at €8.20
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Note on Scenario Planning in High-Uncertainty Environments: The Disruption Matrix
Costa, Carlos; Nueno, José LuisTechnical Note MN-405-EDecision Analysis, Innovation and Change, StrategyThe coronavirus pandemic is an unexpected external event with a profound impact on demand in all sectors that is highly conditioned by decisions that correspond to external stakeholders. After overcoming their initial shock, within this context companies have to think about their future in two or three years; however, it is very difficult for the management team to plan and define a clear strategy when it remains unknown when and how they will be...Starting at €8.20
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Neuroeconomics
Panina O.; Heukamp, FranzTechnical Note ADN-268-EDecision Analysis, EconomicsThis note presents the new discipline of neuroeconomics. It gives an overview of the human brain and reports on scientific findings that relate neuroscience and economics.Starting at €8.20
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Dealing with Conflicting Objectives: Multicriteria Analysis and Heuristics
Baucells Alibés, Manel; Lobanova A.Technical Note ADN-271-EDecision Analysis, Economics, Knowledge and CommunicationThe note is divided in two parts. The first part of this note explains how to apply a standard methodology to make explicit trade-offs between conflicting objectives. The second part, explores decision rules or heuristics that people often use to avoid making trade-offs, and discusses the reliability of such rules.Starting at €8.20