Marginal analysis is an important decision-making tool in the business world. Marginal analysis allows business owners to measure the additional benefits of one production activity versus its costs.

Rachel Katz now works as a biometrician for the US Fish and Wildlife Service. We met in 2007 as master’s students at the University of Georgia in Athens. After finishing our PhDs in 2014, I undertook ...

Coverage and reimbursement decisions are hardly predictable or consistent within and across US payers. Payers are in the position of determining which drugs to pay for, for whom, and at what level to ...

Over the past several decades, organizations have invested vast resources in data infrastructure to improve decision success, but the results are mixed. A new approach called “decision-back” flips the ...

Consulting firms provide professional services to businesses. There is a lot of competition among consulting firms to secure and maintain clients, and many factors that lead a client to select one ...

Suggested Citation: "8 Decision Consequences and Trade-Offs." National Academies of Sciences, Engineering, and Medicine. 2018. A Decision Framework for Managing the Spirit Lake and Toutle River System ...