The expected value of information (EVI) lets you estimate the value of getting new information that reduces uncertainty. At first blush, it seems paradoxical that you can estimate…
Max Henrion
Max Henrion has 25 years of experience as a researcher, educator, software designer, consultant, and entrepreneur, specializing in the design and effective use of decision technologies. He is the Founder and CEO of Lumina Decision Systems. He has led teams to create decision-support tools in a wide variety of applications, including energy, environment, R&D management, healthcare, telecommunications, aerospace, security, and consumer choice. He is the lead designer of Lumina’s flagship product line, Analytica -— the software about which PC Week said “Everything that’s wrong with the common spreadsheet is fixed in Analytica”.
Author Posts
Efficient estimation of the expected value of information (EVI) using Monte Carlo
Analytica & systems dynamics: interview with Cory Welch
Cory Welch gave a paper on using Analytica at the International System Dynamics Conference on why and how he uses …
How is Cambridge Analytica connected to Lumina’s Analytica?
I’ve been getting this question a lot after the recent notoriety of Cambridge Analytica. Steven Bannon says he helped found Cambridge Analytica in 2013. He…
Is Analytica what Microsoft says will be the future of programming?
Norm Judah, Chief Technology Officer of Microsoft Services, recently talked about the future of programming: “When someone thinks of business…
Pledges for the Paris climate talks analysis
October 1, 2015 was the UN’s deadline to receive national pledges for the UN Climate Change Treaty to be negotiated in Paris this December. At the end of February, the UN…