Topic $1$ Chapter $1$ Introduction to Decision Analysis

$1\mathrm{.}1$ What role do subjective judgments play in decision analysis?

$1\mathrm{.}2$ Describe a decision that you have had to make recently that was difficult. What were the

major issues? What were your alternatives? Did you have to deal with uncertainty? Were

there important trade$-$offs to make?

$1\mathrm{.}3$ "Socially responsible investing" first became fashionable in the $1980$s$.$ Such investing

involves considering the kinds of businesses a firm engages in and the selection of

investments that are as consistent as possible with the investor's sense of ethical and moral

business activity. What trade$-$offs must the socially responsible investor make? How are

these trade$-$offs more complicated than we normally consider when making investment

decisions?