Besliskunde

Website:website containing additional information
Course code:INFOBK
Credits:7.5 ECTS (=5.25 old credit points)
Period:periode 3 (week 6 t/m 16, dwz 6-2-2006 t/m 21-4-2006; herkansing week 21)
Timeslot:C
Participants:up till now 11 subscriptions
Schedule:Dit is een oud rooster!
formgrouptimeweekroomteacher
college   di 13-156-11,13-15 BBL-468 Silja Renooij
Peter de Waal
    
do 09-116-11,13-15 BBL-468
werkcollege   di 15-176-11,13-15 BBL-468 Janneke Bolt
  
Contents:The aim of this course is to acquire knowledge and understanding of different models and decision analysis techniques for (rational) decision making with and without uncertainty. Roughly, the following subjects will be discussed:
  • decision criteria
  • decision trees
  • utility theory
  • multi attribute decision making
  • analyses of uncertainties

The first part of the course focusses on how to perform a decision analysis for a person or company facing a difficult decision. The remainder of the course is of a more theoretical nature. The former is discussed at length in Clemen's book; for the latter we mostly rely on material from the transparancies.

Literature:
  • Robert T. Clemen: Making Hard Decisions -- An Introduction to Decision Analysis. Second Edition, Duxbury Press, 1996. ISBN 0534260349 (green cover)

    or

    Robert T. Clemen: Making Hard Decisions -- With DecisionTools. Duxbury Press, 2001. ISBN 0534365973 (blue cover)

    (both can be ordered from Broese (may take 4 weeks), or directly from Duxbury Press; you can also try A-Eskwadraat. Please note that prices may vary considerably!)

  • Transparencies (online)

  • Studymanual (online)
Course form:Lectures and exercise classes on a weekly basis. In addition, a practical assignment will be given.
Exam form:A practical assignment
(1/3 of final grade)
+
A written exam
(2/3 of final grade)

To receive a final grade, both partial results should be at least a 5.0; otherwise the result will be considered incomplete.
Minimum effort to qualify for 2nd chance exam:

To quality for a second chance for the written exam, at least the practical assignment should be submitted and graded with 5.0 or more.

A second chance for the practical assignment is only granted under special circumstances.

For details on the re-examination conditions, see the website with additional information.

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