Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
LEARNING OUTCOMES
After completing this course the student
1. knows the central concepts in decision analysis,
2. can structure and model problems with multiple attributes, decision dynamics and uncertainty for aiding decision-making,
3. understands the assumptions underlying decision analytic models and why behavior of real decision makers may differ from the behavior that these models would predict, and
4. knows how to use optimization methods in conjunction with decision analysis.
Credits: 5
Schedule: 08.09.2020 - 10.12.2020
Teacher in charge (valid 01.08.2020-31.07.2022): Antti Punkka
Teacher in charge (applies in this implementation): Antti Punkka
Contact information for the course (applies in this implementation):
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
Valid 01.08.2020-31.07.2022:
Models for decision making: subjective values, multi-objective decision making and optimization, group decision making, decision under uncertainty, dynamics of decision making.
Assessment Methods and Criteria
Valid 01.08.2020-31.07.2022:
Exam and assignments
Workload
Valid 01.08.2020-31.07.2022:
Contact hours 48 h. Attendance is not compulsory.
Assignments 40h
Independent work 40h
DETAILS
Study Material
Valid 01.08.2020-31.07.2022:
To be announced later
Substitutes for Courses
Valid 01.08.2020-31.07.2022:
Mat-2.3134 Decision Making and Problem Solving P
Prerequisites
Valid 01.08.2020-31.07.2022:
MS-C2105, MS-A05XX
SDG: Sustainable Development Goals
1 No Poverty
3 Good Health and Well-being
8 Decent Work and Economic Growth
11 Sustainable Cities and Communities
13 Climate Action