3706646: C12_Decision Theory

Kompetenzen

• • know the most prominent decision theories.
  • understand how rational solutions may be achieved by using classical decision models.
  • solve decision problems by using DT models and methods. They find the strategic aspect of a problem and transform it into a simplified problem.
  • analyze decision situations.
  • evaluate Investments with EUT, MV and PT,. explain and interpret the assumptions of these methods.
• • know methods in decision theory.
  • 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.