Courses > Upper Graduate
END5130 Decision Analysis |
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Course Objectives: |
The main aim of this course is to structure and model decision making problems, to give a decision under uncertainty and risk, and to present decision making tools |
Course Description: |
Introduction to decision theory, Classification of decision making problems, Structuring and modelling decision making problems, Decision under risk and uncertainty (dominated actions, maximin, maximax, minimax, equally likelihood, criterion of realism),Techniques based on utility or value (Simple Additive Weighting, Weighted Product, TOPSIS, AHP-Utility Theory, Decision Trees), Outranking Techniques (ELECTRE and PROMETHEE), Sensitivity Analysis, Decision Support Systems |
Course Books: |
1. Ilker Topcu, Integrated Decision Aid Model for Multiatribute Problem Solving, PhD Thesis, ITU, 2000 |