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There is a powerful program to help you in evaluating your case
Evaluating even simple trees can quickly become tedious. Decision
Analysis by TreeAge (DATA) is a highly acclaimed, easy to
use application that will enable you to quickly and easily set up
and evaluate the decision trees that you develop.
With it you can:
- Quickly and intuitively build even complex trees
- Input the probabilities and outcome values
- Determine the expected value
- Display probability distributions on the trial outcome
- Develop charts that show the sensitivity of either the settlement
value or a choice between two alternative strategies to any of
the probabilities or outcomes in the tree
In short, this is a powerful, easy to use tool that will assist
you in understanding and evaluating your case.
The demo software will allow you to build, modify, analyze, and
print (but not save) trees of up to 25 nodes.
Click here to download a demo version of DATA 3.5 for Windows
Click here to order a full version of DATA 3.5 for Windows
Spreadsheet
Models
If you are evaluating many cases that fit a few simple tree templates,
or have many similar cases that need to be consolidated for management
review purposes, you may find spreadsheet models a more efficient
and effective solution to your needs. Please contact us regarding
your particular requirements.
Contact Litigation Risk Management Institute
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