BRS - Decision and Risk Analysis: special problems 7,5hp
Advanced level - Second cycle course
BRA - Decision and Risk Analysis 7,5 hp or similar course
The course focuses on applications of risk and decision analytic methods in business and society. Formal risk analysis, uncertainty analysis and the risk analytic aspects of decision-making under risk and multi-attribute utility theory are central parts of the course.
After completing this course the student should be able to:
- demonstrate a good knowledge of modern risk and decision analysis.
- demonstrate a basic knowledge of multi-criteria theory.
- compare different methods to analyze decisions and risks, and explain their advantages and disadvantages.
- show how risk and decision analysis is applicable to real problems.
The course focuses on applications of risk and decision analytic techniques in business and society. The risk analytic aspects of decision making under risk and multi-criteria decision analysis are central parts of the course.
The course is provided as a distance based self study course. The amount of meetings and seminars are dependent on available resources.