General
Lecturer: Prof. Ahti Salo
Course assistant: MSc Jussi Leppinen
Why this course?
Resolving major problems calls for decisions that have often far-reaching and uncertain future impacts. These impacts may have to be assessed with regard to multiple objectives whose relative importance may be perceived differently by the stakeholders who take part in or are affected by the decision. This course covers systematic approaches to developing formal models that support decision makers in tackling complex decision problems. After completing the course, the student is able to
- recognize real-life decision problems in which decision models can be beneficial,
- build decision models to help solve such problems,
- solve such models with the help of software tools, and
- interpret the results of decision these models to generate defensible decision recommendations.
The student will also become aware of
- the possible discrepancy between formal models and human behaviour and
- ways to mitigate the adverse effects of this discrepancy.
Practical matters
Lectures (24h) on Thursdays 10-12
- The first lecture on Sep 8th in Hall D, Y122 Undergraduate Centre
- Other lectures in period 1 from Sep 15th to Oct 13th in Hall U4, U142 Undergraduate Centre
- Lectures in period 2 from Oct 27th to Dec 1st in Hall U1, U154 Undergraduate Centre
Exercise sessions (24h) on Tuesdays 12-14
- All the exercise sessions in Hall R2 - 253, Rakentajanaukio 4
Course exam on Dec 15th at 9-12 in Hall A, Y202a Undergraduate center
Assessment methods: Home assignments and exam; grading principles:
- Maximum points 40 – you have to get at least 17 to pass the course
- Three home assignments (max points 4 + 7 + 11 = 22)
- Exam (max points 16) – at least 7 exam points are required to pass the course
- Successful submission of course feedback: 1 point
- Participation of quest lecture: 1 point
Grading scale: 0-5
Study material: Lecture slides and exercises
Language of instruction: English
Prerequisites: MS-A0501 Todennäköisyyslaskennan ja tilastotieteen peruskurssi (or equivalent), MS-C2105 Optimoinnin perusteet (or equivalent)