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