IOE 460 - Decision Analysis and Bounded Rationality
Section: 001
Term: FA 2018
Subject: Industrial and Operations Engineering (IOE)
Department: CoE Industrial and Operations Engineering
3 (Non-LSA credit).
Requirements & Distribution:
Waitlist Capacity:
Enforced Prerequisites:
IOE 265 and 310, each completed with a minimum grade of C- or better; or Graduate standing.
This course counts toward the 60 credits of math/science required for a Bachelor of Science degree.
May not be repeated for credit.

This course provides a rigorous introduction to prescriptive decision analysis and more descriptive bounded rationality models. The course starts from the classic axioms of rational choice and covers single-attribute and multi-attribute utility theory, decision trees, the value of information in a decision analytic context, and expert elicitation of both probabilities and utility functions. It then introduces bounded rationality and covers some of the main classes of bounded rationality and how they can be modeled.

IOE 460 - Decision Analysis and Bounded Rationality
Schedule Listing
001 (LEC)
MW 9:00AM - 10:30AM
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