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Course Information

Course Name
Turkish Karar Teorisi
English DECISION THEORY
Course Code
END 327 Credit Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester 5
3 3 - -
Course Language English
Course Coordinator Ramazan Evren
Course Objectives -To give students the basic concepts of decision theory, modeling and solution methods of decision making problems with applications

-To give students the knowledge of decision making methodology
Course Description Main terms and concepts of decision theory, modelling and solution of decision making problems, value-utulity theory, real examples of decision making problems and their solutions.
Course Outcomes Students who pass the course will be able to:
I. Main terms and concepts of decision theory
II. Modeling and classification of decision making problems
III. Decision making under uncertainty and risk
IV. Multi stage decision models
V. Bayesian decision making and Decision trees
VI. Analytical hierarchy method
VII. Mult- criteria Decison making - applications
VIII. Utility theory
Pre-requisite(s)
Required Facilities
Other
Textbook French, S, “Decision Theory: An Introduction to the mathematicsof Rationality”, John Wiley & Sons, NewYork: 1988.
Other References
 
 
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