Multi-Party dq: Collaboration and Competition in Decision Making

McCombs School of Business

How long?

  • 2 days
  • in person, online

What are the topics?

McCombs School of Business

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Read more about Negotiations

Negotiating is a skill that everyone needs because throughout our lives we face situations that require us to communicate correctly, whether it's buyi...

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About the course

Assemble concepts, tools, and skills for applying the DQ Framework in multi-party situations.

Overview

In many decision-making situations, more than one decision body is involved. They each have different goals with differing value metrics. Applying Decision Quality (DQ) principles requires the concepts and tools of Game Theory, Multi-Criteria DQ, and the skills for designing a process for effective collaboration and negotiation. This course complements the Negotiation and Collaborative Decision Making course with the DQ framework applied in multi-party settings and the rigor of negotiation analysis and risk sharing.

Strategic Decision and Risk Management

Clarify problems, explore available options, develop a structured framework, understand the impact, and commit to your choice.

Strategic Decision Professionals

Our partnership with SDG combines UT's academic research and SDG's real-world experience in decision consulting to create an unmatched learning experience.

Benefits

  • Understand the DQ Framework in multi-party decision situations
    • Diagnose the situation and design the process for collaboration and competition
    • Apply game theory to participate in alliances, joint ventures, and negotiations more effectively
    • Develop valuations using multi-criteria analysis
    • Increase total value and achieve agreement with value transparency
    • Quantify risk and use risk sharing to enhance the opportunities for multiple parties

Topics

  • Extending the DQ framework for multi-party decision
  • Game Theory 101
  • Diagnosis of multi-party decision situations
  • Design of multi-party processes for maximum success
  • Multi-Criteria Decision Making
  • Game Theory 201

Experts

Eric Bickel

PhD, Engineering-Economic Systems, Stanford University, 1999 MS, Engineering-Economic Systems, Stanford University, 1994 BS, Mechanical Engineering, New Mexico State University, 1992 Dr. Eric Bickel is Associate Professor and Director of the Graduate Program in Operations Research &am...

Carl Spetzler

Carl Spetzler PhD is an author, speaker, and consultant on business decision making. He specializes in strategy development, business innovation, and strategic change management, and has directed the development of innovative business strategies in many diverse organizations, such as capital-inte...

Dima Shamoun

Dima Shamoun is a Clinical Assistant Professor in the Department of Finance at the McCombs School of Business at the University of Texas at Austin, where she teaches economics in the MBA and BBA programs. Dima has been with UT Austin since she joined the Department of Economics as a Lecturer and ...

Multi-Party dq: Collaboration and Competition in Decision Making at McCombs School of Business

From  $2,950
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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Negotiations

During Negotiations courses, you will learn the following components of negotiations: planning negotiations and useful tools, starting your conversation, working out objections and competent argumentation, imposing your own price and conversation dev...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

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