Decision Tree Maker & Analyzer Software with Intuitive User Experience
Because you do not deserve the pain of a poorly designed, boring, and awkward user interface for Decision Analysis, SpiceLogic has brought you the most Intuitive and beautiful wizard-like Decision Tree Analysis Software. The user experience is intuitive enough so that you don’t need to learn through a manual. You can intuitively guess the correct way to achieve what you want to model.
Free Live training (Zoom or Teams, whatever you prefer)
If you need, we will book a live one-hour one-to-one training session for you, demonstrating the various features of this software. We will walk thru the user interface and show you how to model a problem that you are concerned about.
Cost-Effectiveness Analysis for healthcare
Use QALY or DALY as an Effectiveness payoff into the decision tree. Include Cost and visualize the cost-effectiveness plane.
Create a Markov Chain, simple or complex, directly into the tree.
As a healthcare student, you will be glad to know that, you can model your Markov chain within the Decision Tree analyzer. You can add Rewards to a state to turn your Markov Chain into a Markov Decision Process. You can add multiple Markov nodes and complicate the decision model as you wish.
Visualize perspectives of your Markov Decision Process
Model a complex Markov Decision Process and attach rewards to States as Cost-Effectiveness. View all the charts and tables generated by Cohort Simulation.
Advanced Utility Function for payoff modeling
Intuitively modeling utility function is one of the features that make this decision tree software stand out from others. It lets you go very deep with shaping rich utility functions.
Perform Sensitivity Analysis
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.
Diverse payoff info with multiple objectives and criteria
The decision tree software is capable of capturing multiple objective / multiple criteria in a rich format like boolean, subjective, numerical, monetary, etc.
Rich math expression editor for Multi-Criteria Utility Function and Monte Carlo Simulation
Drag and drop criteria to the expression editor, and use a mathematical operator and built-in functions to form your custom expression. You will love this editor when you will need to perform a Monte Carlo simulation of your Random Function.
Use Probability Distribution as a payoff
A rich probability distribution modeling tool is within your reach. Incorporate a probability distribution as a payoff on any action or event node.
Perform Monte Carlo Simulation by incorporating a Probability Distribution
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.
Infer the risks in any situation
Get an array of risk metrics and charts from your decision tree. Look before you leap.
Every chart can be viewed as a data table or exported to Excel, and more...
For any chart you see in this application, right-click on your mouse to bring the context menu. You will find options for viewing the chart data as a data table or exporting the chart data to Excel. You will be able to copy the chart data as a CSV file in the clipboard. Also, you will be able to copy the chart image to the clipboard.
Compare uncertain outcomes with Stochastic Dominance
Stochastic Dominance is another interesting methodology that lets you rank your random variables.
Update beliefs by experimentation using Bayesian Inference
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.
Incorporate your attitude towards risk
You can be a realist, opportunist, risk-taker, or risk-averse. Choose your attitude towards risk and the Decision Tree software will calculate the best option for you accordingly.
Discover a Decision Tree behind a data source using Machine Learning
Don't you want to learn how others made a decision? Mine your data source and behold the Decision Tree generated using Machine Learning.
Report in PDF and Excel
Finally, save your decision analysis as a stunning PDF or Excel report.
A Part of our Rational Will software
This Decision Tree Software is also available in our composite (bundled) product Rational Will®, where you get a streamlined user experience of many decision modeling tools. Therefore, if you get Rational WIll, you won't need to acquire this software separately.
All licenses are perpetual, no cloud subscription needed
We offer a perpetual license. The license you will receive for any specific version will never expire for that specific version or any version that you receive within your maintenance subscription period. We do offer a maintenance subscription which lets you give free updates for a year, but you are not obligated to update all the time. Please contact our help desk if you have any confusion.
Supported Operating Systems
This software is made for Windows machines. Any windows operating system that has Microsoft .NET Framework 4.8, you can install this software. If you are a Mac user, you can still use this software on your Mac OS using software like Parallels Desktop.