Course Details

Economic Theory I: Decision Theory
MECS-550-1
1.0 CR
PASS / NO CREDIT
No
DESCRIPTION
This course focuses on decision theory and formal theories of individual decision making, with emphasis on decision making under risk/uncertainty. We explore utility theory under certainty, then classic expected utility theories. Following is a review a selection expanding on the classical work in various directions, closer to the current research frontier. The selection covered may vary with available time/interests.
PREREQUISITES
None
CONCURRENT
None