IE 443 Multi-Objective Decision Analysis
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Quantitative decision analysis. Structuring of objectives and value hierarchies, and determination of value functions. Introduction to consistent characterization of preferences under certainty. Value analysis under uncertainty including expected value analysis, utility theory, multi-attribute risk aversion, certainty equivalent calculations and the analytical hierarchy process.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
IE 202.
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