Entscheidung und Planung

Classification

  • Course for Bachelor students
  • The course is assigned to the compulsory module WIWI-B-01004-MA Decision and Planning

Contents

  • Decision Theory and Business Administration and Economics
  • Representation of decision problems
  • Decisions with multiple targets
  • Fundamentals of decisions with risk
  • Expected utility theory: basics and applications
  • Descriptive decision theory
  • Normative and descriptive theories of information processing

Examination

  • 60-minute written exam
  • First exam immediately after the end of the lecture period,
    second exam before the start of the lecture period of the following semester.
  • Successful participation in the exam is associated with the acquisition of 5 credit points for the compulsory module WIWI-B-01004-MA Decision and Planning .

Scope

  • Two-hour lecture (Prof. Gillenkirch) and
    two-hour tutorial (student tutors)
  • In the tutorials, tasks and solutions are worked on and discussed in small groups.

Materials

  • A set of slides will be made available for the lecture
  • The basic textbook for the lecture is Laux/Gillenkirch/Schenk-Mathes, Entscheidungstheorie, latest edition.

Contact person