3906646: Decision Theory

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Semester:SS 15
Scheduled in semester:4
Semester Hours per Week / Contact Hours:30.0 L / 22.5 h
Self-directed study time:67.5 h

Module coordination/Lecturers


Bachelor's degree programme in Business Administration (01.09.2012)


Decision and Game theory


    • 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.

Lectures Method

Lecture with interactive elements


  • Fiona Carmichael: A Guide to game Theory, 2005, FT Prentice Hall
  • Thorsten Hens & Marc Oliver /Rieger: Financial Economics, 2010, Springer (supplementary)


19.02.201513:30 - 15:00S3
26.02.201513:30 - 15:00S3
05.03.201513:30 - 15:00S3
12.03.201513:30 - 15:00S3
26.03.201513:30 - 15:00S3
02.04.201513:30 - 15:00S3
16.04.201513:30 - 15:00S3
23.04.201513:30 - 15:00S3
30.04.201513:30 - 15:00S3
07.05.201513:30 - 15:00S3
21.05.201513:30 - 15:00S3
28.05.201513:30 - 15:00S3


  • PWW-BA-12_Decision Theory - VO (SS 15, bewertet)
  • PWW-BA-12_Decision Theory - VO (WS 15/16, bestätigt)