Course Description

Course CodeCourse NameCreditsHours
5704005 Decision Analysis 3.0 3
Description This is an undergraduate course dealing with decision-making and analysis. The objective of this course is to interpret the basic Concepts of decision theory and its applications on some real world decision analysis problems. The main topics of this course include decision making without probability, decision making with probability, decision analysis with additional information, utility theory, game theory. The related studies includes probability distribution, expected value approach, Bayesian analysis, expected value of perfect information and sample information