Decision trees can be useful in the analysis of the key factors of risk and return in the development of mitigation strategies. In the analysis of the competitive situation, the point of view of each player can be represented by a separate decision tree, creating a "decision forest." In some cases, it is also useful to generalize the trees two players' decision in a matrix of winning. This note presents these concepts step by step. "Hide
by Matthias Hild Source: University of Virginia Darden School Foundation 13 pages. Publication Date: January 16 2006. Prod. #: UV1471-PDF-ENG