SYS 660 Decision and Risk Analysis

This course is a study of analytic techniques for rational decision-making that addresses uncertainty, conflicting objectives, and risk attitudes. This course covers modeling uncertainty; rational decision-making principles; representing decision problems with value trees, decision trees and influence diagrams; solving value hierarchies; defining and calculating the value of information; incorporating risk attitudes into the analysis; and conducting sensitivity analyses.

Credits

3

Distribution

Systems Engineering Program

Typically Offered Periods

Fall Semester Spring Semester Summer Session 1 Winter Intersession