Focus (Forum & Focus)
Mar. 2, 2009
Branching Out
Attorneys have been using decision trees to perform cost-benefit analyses for years - but they're far from ideal.
FOCUS COLUMN
By Henry L. Welch Attorneys have been using decision trees to perform cost-benefit analyses for years. As a computational tool for comparing and contrasting various possible outcomes and strategies, it has proven to be useful to better inform the decision-making process. Unfortunately, decision trees are far from an ideal tool in this respect. Because decision trees attempt to reduce complex interdependencies into simple numbers, they...
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