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1 - 1 of 1 results for: MS&E 252: Decision Analysis I: Foundations of Decision Analysis

MS&E 252: Decision Analysis I: Foundations of Decision Analysis

Coherent approach to decision making, using the metaphor of developing a structured conversation having desirable properties, and producing actional thought that leads to clarity of action. Socratic instruction; computational problem sessions. Emphasis is on creation of distinctions, representation of uncertainty by probability, development of alternatives, specification of preference, and the role of these elements in creating a normative approach to decisions. Information gathering opportunities in terms of a value measure. Relevance and decision diagrams to represent inference and decision. Principles are applied to decisions in business, technology, law, and medicine. Prerequisite: 220 or equivalent.
Terms: Win | Units: 3-4
Instructors: Shachter, R. (PI)
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