A guided classroom exercise that contributes to the long-term development of creative thinking and analysis.

Using "expected value" to determine the value of information. Examples: Without information, should we drill for oil or not? With geological information, should we drill or not?

Opposing naval commanders in a war must choose how to attack and defend rncritical areas.

Motivating honest budgets and profit expectations is difficult because some rnsubordinate managers will provide overly optimistic budgets to "look good" to rntheir bosses, while others will lowball budgets so they will "look good" when they rnexceed expectations. This paper explains how to motivate accurate forecasts of rnbudgets and profits.