EM525 BEHAVIORAL DECISION ANALYSIS
| Course Code: |
8660525 |
| 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: |
Assist.Prof.Dr BANU LOKMAN |
| Offered Semester: |
Spring Semesters. |
Course Content
Decision making under uncertainty; decision rules; maximizing expected value; utility theory. Behavioral aspects of decision making; factors affecting decisions; context, framing, endowment, anchoring effects. Prospect theory; regret theory.
