BUS 191

Decision Making Under Uncertainty

Full Course Prefix & Number
BUS2 191

Description
Decision analysis models and methods for optimizing decision policies: Bayes' Theorem, decision trees, influence diagrams, utility functions and certainty equivalence functions for risk-averse analyses, measures of the value of information, use of relevant spreadsheet computer tools. Prerequisite: BUS2 090 or any one of the following: MATH 161, HS 167, ISE 130, ECON 003, ECON 103A, or Instructor Consent. Note: Offered only occasionally.

Grading
Normal Grade Rules

Units
3