EM525 BEHAVIORAL DECISION ANALYSIS
| Course Code: | 8660525 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Engineering Management |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Assist.Prof.Dr BANU LOKMAN |
| Offered Semester: | Spring Semesters. |
Course Objectives
Course Content
Decision making under uncertainty; decision rules; maximizing expected value; utility theory. Behavioral aspects of decision making; factors affecting decisions; context, framing, endowment, anchoring effects. Prospect theory; regret theory.