Credits: 6

Schedule: 30.10.2017 - 13.12.2017

Teacher in charge (valid 01.08.2018-31.07.2020): 

Juuso Liesiö

Teaching Period (valid 01.08.2018-31.07.2020): 

V Spring (2018-2019), Otaniemi campus

V Spring, (2019-2020), Otaniemi campus

Learning Outcomes (valid 01.08.2018-31.07.2020): 

To familiarize the students with the central topics of decision theory and behavioral decision making.

Content (valid 01.08.2018-31.07.2020): 

Rational decision making under uncertainty, quantification of uncertainty, biases, Bayesian decision theory, foundations of utility theory, behavioral decision theory: criticism of rationality axioms, prospect theory.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

Exam 50%, Assignments 50%.

Workload (valid 01.08.2018-31.07.2020): 

Contact teaching 24 h, Independent work 133 h, Exam 3 h

Study Material (valid 01.08.2018-31.07.2020): 

Material handed out in class, mandatory readings

Course Homepage (valid 01.08.2018-31.07.2020): 

https://mycourses.aalto.fi/course/search.php?search=27E01000

Prerequisites (valid 01.08.2018-31.07.2020): 

Business Decisions 2 or equivalent skills

Grading Scale (valid 01.08.2018-31.07.2020): 

0-5

Registration for Courses (valid 01.08.2018-31.07.2020): 

Via WebOodi.

Description