# 3906646: Decision Theory

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

## Description

Decision and Game theory

## Qualifications

• 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

## Literature

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

## Dates

 Datum Zeit Raum 19.02.2015 13:30 - 15:00 S3 26.02.2015 13:30 - 15:00 S3 05.03.2015 13:30 - 15:00 S3 12.03.2015 13:30 - 15:00 S3 26.03.2015 13:30 - 15:00 S3 02.04.2015 13:30 - 15:00 S3 16.04.2015 13:30 - 15:00 S3 23.04.2015 13:30 - 15:00 S3 30.04.2015 13:30 - 15:00 S3 07.05.2015 13:30 - 15:00 S3 21.05.2015 13:30 - 15:00 S3 28.05.2015 13:30 - 15:00 S3

## Exams

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