Decision Making Skills Home Assignment

Attention!!(Previous Attempt Failed) For better understanding of the essay, a successful sample will be given to the author by me through mail. But please do not write something similar. Brief: 2000 words Assignment with Harward style after text referencing. Describe and analyse an everyday strategic (MULTI-PERSON) decision situation of your [login to view URL] example situation to be discussed can be taken from politics, business, sports, warfare, social or even virtual life. The situation should be rather focused and simplified, stylised to a manageable level. General and complex problems should not be addressed in this short [login to view URL] should collect some relevant information but must not worry about covering the issue comprehensively; they should substitute missing data with reasonable assumptions. Instead of data collection the efforts should be focused on analysis, developing arguments, meaningful application of the relevant terms and concepts. The project should -Describe the decision situation appropriately; options available, the constraints of the decision, timeline, uncertainty, risk; -Reflect on the necessary information (availability, depth, reliability) -Highlight the objectives of the decision makers; the (lack of) conflict of interest -Elaborate on the relative merits of the options available, compare their advantages and drawbacks; the paper shall address the intertemporal, risky and strategic aspects of the decision problem respectively. -Analyse the situation, characterize the optimal decision and the expected outcome -Evaluate the decisions made; suggest potential improvements