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040056 FK KFK OR: Decision Analysis (2013S)

Decision Analysis

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

Continuous assessment of course work

Alle Informationen zu dieser Lehrveranstaltung finden sie auf unserer Homepage

Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Registration is open from Sa 09.02.2013 09:00 to Fr 22.02.2013 14:00
Registration is open from We 27.02.2013 09:00 to Th 28.02.2013 17:00
Deregistration possible until Th 14.03.2013 23:59

Details

max. 50 participants

Language: English

Lecturers

Rudolf Vetschera

Classes (iCal) - next class is marked with N

Monday 04.03. 09:00 - 11:00 Hörsaal 12
Monday 11.03. 09:00 - 11:00 Hörsaal 12
Monday 18.03. 09:00 - 11:00 Hörsaal 12
Monday 08.04. 09:00 - 11:00 Hörsaal 12
Monday 15.04. 09:00 - 11:00 Hörsaal 12
Monday 22.04. 09:00 - 11:00 Hörsaal 12
Monday 29.04. 09:00 - 11:00 Hörsaal 12
Monday 06.05. 09:00 - 11:00 Hörsaal 12
Monday 13.05. 09:00 - 11:00 Hörsaal 12
Monday 27.05. 09:00 - 11:00 Hörsaal 12
Wednesday 29.05. 14:30 - 16:00 Hörsaal 9
Monday 03.06. 09:00 - 11:00 Hörsaal 12
Monday 10.06. 09:00 - 11:00 Hörsaal 12
Monday 17.06. 09:00 - 11:00 Hörsaal 12
Monday 24.06. 09:00 - 11:00 Hörsaal 12

Information

Aims, contents and method of the course

1. Introduction
1.1 Goals and Types of Decision Analysis
1.2 Structuring Decision Problems
1.3 Dominance and Efficiency
1.4 Decision Process
2. Generating and Evaluating Alternatives
3. Decisions under Uncertainty
3.1 Decisions under Ambiguity
3.1 Decisions under Risk: simple decision rules and expected utility theory
3.2 The Value of Information
3.3 Empirical results and extensions to expected utility theory
4. Decisions with multiple criteria
4.1 Overview
4.2 Additive models: Multitattribute utility theory and AHP
4.3 Outranking models

Assessment and permitted materials

Minimum requirements and assessment criteria

Students shall gain an in-depth understanding of the purpose and process of decision analysis. They will become familiar with the most important concepts and methods, their possible fields of application and their limitations. They should be able to correctly apply those methods to practical problems.

Examination topics

The course consists of lectures and practical exercises, in which students solve cases using decision analysis software packages. The course is held in English.

Reading list

Association in the course directory

Last modified: Mo 07.09.2020 15:28