EM725 TOPICS IN EM: BEHAVIORAL DECISION ANALYSIS
Course Code: |
8660725 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
8.0 |
Department: |
Engineering Management |
Language of Instruction: |
English |
Level of Study: |
Graduate |
Course Coordinator: |
Prof.Dr. MUSTAFA MURAT KÖKSALAN |
Offered Semester: |
Fall and Spring Semesters. |
Course Content
Decision making under uncertainty; decision rules; decision trees; maximizing expected value; utility theory. Behavioral aspects of decision making; factors affecting decisions; context, framing, endowment, anchoring effects. Prosoect theory; regret theory.