Search 
 
 
 

Decision Analysis Under Uncertainty

This course provides an introduction to how to make decisions under uncertainty. Topics include Expected Monetary Value (EMV), expected utility theory (EUT), common violations of EUT, alternatives to EUT (e.g, Prospect Theory), decision trees, the value of information, and multi-period decision making under uncertainty.

Instructor Biography – Steven Shechter

Course Outline – Class of 2018 (Updated August 3, 2017)

This file requires Adobe Acrobat Reader. To download this free plug-in, visit the Adobe web site and follow the on-screen instructions.