| Website: | website containing additional information |
| Course code: | INFOBK |
| Credits: | 7.5 ECTS |
| Period: | periode 3 (week 6 t/m 16, dwz 2-2-2009 t/m 17-4-2009; herkansing week 22)
|  |
| Timeslot: | D |
| Participants: | up till now 10 subscriptions |
| Schedule: | Note: from now on the schedule is to be found in Osiris |
| Teachers: | Dit is een oud rooster!
|
| 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, Terence Reilly: Making Hard Decisions -- With DecisionTools. Duxbury Press. 2004 edition: ISBN 0495015083.
(older editions can also be used; see website containing additional information for details.)
- Transparencies (online)
- Studymanual (online)
|
| Course form: | Lectures twice a week. 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)
|
| Minimum effort to qualify for 2nd chance exam: | Om aan de aanvullende toets te mogen meedoen moet de oorspronkelijke uitslag minstens 4 zijn. (see website containing additional information for details.) |
