Because you do not deserve the pain of a poorly designed, boring and awkward user interface for Decision Analysis, SpiceLogic has brought to you the most Intuitive and beautiful wizard like Decision Tree Analysis Software.
Not only you can make a decision tree, but you can also manipulate the tree in any productive way you want. You can cut or copy a subtree and replace a node with the subtree easily. Forgot to add a decision node between 2 nodes? No worries. You can insert a decision node, chance node or a parallel node easily from the context menu.
Know what action to take at what situation. Based on your Risk attitude, evaluate a Policy by selecting a Decision Criteria like Maximize Expected Utility, Minimax Regret, Maximin, Hurwicz Optimism Pessimism Rule, etc. The Green colored edge and node indicate the optimum strategy (action to take).
The decision tree software is capable of capturing multiple objective / multiple criteria in a rich format like boolean, subjective, numerical, monetary, etc.
Intuitively modeling utility function is one of the features that makes this decision tree software stand out from others. It lets you go very deep with shaping rich utility functions.
Not only that, If you are not sure about your utility function, a Certainty Equivalent based Game can be offered to you. While you play the game, the 'Rational Will' will infer your Utility Function using the concept from Behavioral Economics.
Model an uncertain payoff using the built-in advanced probability distribution modeling tool.
Monte Carlo simulation is performed whenever a probability distribution is detected. A Risk profile is generated based on the Monte Carlo simulation.
A plethora of Risk Analysis metric calculated. Stochastic Dominance is calculated up to the 3rd order and displayed most intuitively.
Sensitivity analysis is a crucial part of decision analysis. A decision won't be robust until a sensitivity analysis is performed. Decision Tree Maker & Analyzer software calculates the sensitivity of all variables and display a sorted list based on the degree of sensitivity.
Get detail insight of the selected variable's one-way sensitivity analysis.
Some uncertainties are highly sensitive, and you don't want to guess the probabilities. Experiment and incorporate your observations into your hypothesis updating process. A built-in Bayesian Inference tool is right there for you.
The software is not only a decision tree maker but also a powerful analysis engine for various metrics useful for robust decision analysis. Just model a Decision Tree and behold a plethora of metrics and charts with Risk Profiles, Value of Information, Stochastic Dominance graph, Sensitivity analysis, and Monte Carlo Simulation is done for you.
Rich and comprehensive reports are generated with details.
SpiceLogic Decision Tree Maker offers several extensions over regular decision tree software. One such extension is "parallel node".
Windows 7, Windows 8-8.1, Windows 10
4.5 or later