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Product suite
  • Analytic Hierarchy Process Software
    Build defensible AHP models: pairwise comparisons, consistency checks, sensitivity analysis, thesis-ready reports. 125+ peer-reviewed citations. Free 7-day trial.
  • Decision Tree Pro
    Decision tree software with Markov models, Monte Carlo simulation, sensitivity analysis, and cost-effectiveness (QALY) outputs for HTA and high-stakes decisions.
  • Rational Will®
    Decision trees, AHP, Markov decision processes, Bayesian inference, and multi-criteria analysis in one desktop suite. Pay once, use forever. Free 7-day trial.
  • Bayesian Doctor
    Build Bayesian networks in a point-and-click desktop app. Model hypotheses, run Bayesian inference, and watch beliefs update with evidence. Free trial.
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Products
  • Analytic Hierarchy Process Software
    Build defensible AHP models: pairwise comparisons, consistency checks, sensitivity analysis, thesis-ready reports. 125+ peer-reviewed citations. Free 7-day trial.
  • Decision Tree Pro
    Decision tree software with Markov models, Monte Carlo simulation, sensitivity analysis, and cost-effectiveness (QALY) outputs for HTA and high-stakes decisions.
  • Rational Will®
    Decision trees, AHP, Markov decision processes, Bayesian inference, and multi-criteria analysis in one desktop suite. Pay once, use forever. Free 7-day trial.
  • Bayesian Doctor
    Build Bayesian networks in a point-and-click desktop app. Model hypotheses, run Bayesian inference, and watch beliefs update with evidence. Free trial.
All products →
Research Customers Contact
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Products / Rational Will / Documentation
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Contents
    • Overview
  • Decision Tree
    • Getting Started
    • Decision Tree Elements
    • Manipulate the Tree Elements
    • Planning Point
    • Diagram view manipulation
    • Decision Criteria
  • Cost-Effectiveness Analysis
    • Getting Started
    • Cost-Effectiveness with QALY
    • Cost-Effectiveness with DALY
    • Dominance and the Cost-Effectiveness Plane
  • Markov Models
    • Introduction to the Markov Models
    • Life Expectancy with Time variant probability
    • QALY and Cost with Markov Model
    • Choosing between two treatment plans
    • Gambler's ruin
    • What Is a Markov Chain? States, Matrices, Steady State
  • Result Analysis
    • Decision Policy
    • Decision Tree Node Analysis
    • Various Risk Metrics
    • Risk Profile
    • Value of Information
    • Sensitivity Analysis
    • Monte Carlo Simulation
    • Stochastic Dominance
  • Utility Function
    • Introduction to Utility Function
    • Eliciting Utility Function by Game Play
    • Exponential Utility Function
    • Bernoulli Utility Function
    • Custom Utility Function Equation
    • Certainty Equivalent Calculation
    • Risk Premium Calculation
    • Utility Functions: Bernoulli and Exponential Explained
  • Capturing Multiple Objectives
    • Multiple-criteria decision analysis
    • Criterion Data Types
    • Subjective criterion
    • Boolean criterion
    • Numerical criterion
    • Categorical criterion
  • Probability Distribution
    • Incorporating Probability Distribution
    • Custom Continuous Distribution
    • Custom Discrete Distribution
    • Modeling with Survival Function
    • Modeling Cumulative Distribution Function
  • Analytic Hierarchy Process
    • Getting Started with AHP
    • Consistency ratio and Transitivity Rule
    • Sensitivity Analysis
    • Managing Criteria and Sub-criteria
    • Managing Options
    • Results and Charts
    • Calculation Methods
    • Group Decision Making
  • Bayesian Network and Inference
    • Introduction to the Bayesian Tools
    • Getting Started with the Bayesian Network
    • Getting Started with the Bayesian Inference
    • Decision Tree with Bayesian Inference
    • Example: Modeling Base Rate Fallacy
  • Decision Matrix
    • Getting Started
    • Modeling Uncertainty
    • Global Events and Decision Matrix
    • Minimax Regret Analysis
  • Misc Features
    • Custom Expression Editor
    • Decision Tree Machine Learning
    • Reporting, Printing and Exporting Diagram
    • Data Collection

Misc Features

  • Custom Expression Editor
  • Decision Tree Machine Learning
  • Reporting, Printing and Exporting Diagram
  • Data Collection
SpiceLogic SpiceLogic

Decision analysis software. Toronto, Canada · Since 2007.

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