General Catalog 2021-2022

INEN 4510 Decision Making under Uncertainty

Application of the following decision rules: admissible decision rules, Bayes decision rules and minimal rules. Analysis of criteria for choosing decision rules and their relationship to games theory. Use of linear programming for construction of minimal rules. Includes costs of information gathering into loss function. Problems related to time sequence decisions and their relationship to dynamic programming.

Credits

3

Prerequisite

INEN 3411