Introduction to concepts and methods for making decisions in the presence of uncertainty. Topics include: formulation of decision problems and quantification of their components; learning about unknown features of a decision problem based on data via Bayesian analysis; characterizing and finding optimal decisions. Techniques and computational methods for practical implementation are presented. Prereq: C- or above in 3301, or permission of instructor.
Introduction to concepts and methods for making decisions in the presence of uncertainty. Topics include: formulation of decision problems and quantification of their components; learning about unknown features of a decision problem based on data via Bayesian analysis; characterizing and finding optimal decisions. Techniques and computational methods for practical implementation are presented. Prereq: C- or above in 3301, or permission of instructor.
