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Decision Theory

Classification

• Course for Bachelor-Students, taught by Prof. Gillenkirch and student tutors
• The Course relates to the compulsory module WIWI-B-01004-MA Entscheidungstheorie.

Contents

• Decision theory and economics
• Description of decision problems
• Multi-criteria decisions making
• Decision making under uncertainty: Basics
• Expected utility theory
• Descriptive decision theory
• Normative and descriptive theories of information processing

Examination

• 60 minutes written exam
• First exam immediately after the end of the lecture period,
  second exam before the beginning of the lecture period of the following semester
• Passing the exam will give you 5 credit points (ECTS) for the Module WIWI-B-01004-MA Entscheidungstheorie

Lecture and Exercise

• 2 hours per week lecture (Prof. Gillenkirch) and 2 hours per week tutorial exercises (student tutors)
• In the tutorials, solutions to exercises are derived and discussed in small groups.

Materials

• You will find a set of slides for the lecture in Stud.IP.
• The Textbook for the lecture is Laux/Gillenkirch/Schenk-Mathes, Entscheidungstheorie, latest edition.

Contact

• Please address questions about contents and examination to: Katharina Glania
• Please address general questions (course times and rooms, where to find information, etc.) to: Monika Schramm