3506646: C12_Decision Theory and Game Theory

Kompetenzen

• • Know the most prominent decision and game theories.
  • Understand how rational solutions can be found with classical decision models.
  • Solve decision problems by using DT and GT models and methods. They find the strategic aspect of a problem and write it down into a simplified game/problem.
  • Analyze games and decision situations.
  • Evaluate of Investments with EUT, MV.
• • Know methods in game and decision theory.
  • Explain and interpret the assumptions of the methods.
  • Use methods and models on unknown decision situations. Calculate optimal solutions and equilibria.
  • Compare different methods for measuring and controlling risk and uncertainty in decision processes.
  • Evaluate decision methods in mini cases and find appropriate models for solving typical problems.
• • Understand and critically discuss the arguments of fellow students.
• • Listen carefully, read and repeat, practice until they understand the logic and mathematics behind models.
  • Work together and motivate other students who tend to give up as a reaction to the difficulty of mathematical problems.