Omfattning: 6

Tidtabel: 15.04.2020 - 25.05.2020

Ansvarslärare (är i kraft 01.08.2018-31.07.2020): 

Juuso Liesiö

Kontaktuppgifter till kursens personal (gäller denna kursomgång): Teachers (
Associate Professor Juuso Liesiö 
Assistant Professor Eeva Vilkkumaa

Undervisningsperiod (är i kraft 01.08.2018-31.07.2020): 

V Spring (2018-2019), Otaniemi campus

V Spring, (2019-2020), Otaniemi campus

Lärandemål (är i kraft 01.08.2018-31.07.2020): 

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

Innehåll (är i kraft 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.

Närmare beskrivning av kursens innehåll (gäller denna kursomgång): 

Subjective expected utility (SEU); Multi-attribute utility and value theory (MAUT/MAVT); Portfolio decision analysis (PDA); Prospect theory (PT); Anchoring, availability and representativeness; Framing and mental accounting; Fast & frugal decision making; Emotions / embodied cognition; Optimizer's curse

Metoder, arbetssätt och bedömningsgrunder (är i kraft 01.08.2018-31.07.2020): 

Exam 50%, Assignments 50%.

Närmare information om bedömningsgrunderna och -metoderna och om hur den studerande kan ta del av bedömningen (gäller denna kursomgång): 
Assessment Methods and Criteria for 2020:

There will be no face-to-face contact teaching or conventional exams. 

Total of 0-100 course points consisting of:
- Nine quizzes on MyCourses with deadlines before each online lecture (expect for the first one): 0-40p total.
- Two assignments with deadlines at the midway and end of the course: 0-60p total.

In addition, to pass the course each student has to prepare to pass an oral examinations every week (except for the first week). Such an exam will cover all of the student's quiz and assignment answers that have been returned before the exam. Student-specific timeslots for the oral exams will be set during the first week.

Lower bounds for grades are 5: 90p, 4:80p, 3: 70p, 2: 60p, 1: 50p. Bounds may be relaxed at the end of the course.

Arbetsmängd (är i kraft 01.08.2018-31.07.2020): 

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

Preciserad belastningsberäkning (gäller denna kursomgång): 

Workload 2020:

Online lectures 10x2h = 20h, Independent work 140h.

Studiematerial (är i kraft 01.08.2018-31.07.2020): 

Material handed out in class, mandatory readings

Närmare information om kursmaterial (gäller denna kursomgång): 

Lecture slides, scientific articles and the home assignment. All material will be published in MyCourses. 

Kursens webbplats (är i kraft 01.08.2018-31.07.2020):

Förkunskaper (är i kraft 01.08.2018-31.07.2020): 

Business Decisions 2 or equivalent skills

Bedömningsskala (är i kraft 01.08.2018-31.07.2020): 


Anmälning (är i kraft 01.08.2018-31.07.2020): 

Via WebOodi.

Närmare information om tidtabellen (gäller denna kursomgång): 

The online lectures will be held on the time slots originally reserved for contact teaching and the exam (please see the MyCourses-calendar for details). 


Anmälning och tillläggsinformation