Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | EM405B | Decision Theory and Analysis | Compulsory | 4 | 7 | 3 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
The most common State of decision making; The decision makers from the available options, making a selection, sorting or grading is the process of solving a problem. This course is basically how the decisions and covers which methods are used. The mathematical, statistical and psychological related decision-making approach intended to study and of teaching. |
Name of Lecturer(s) |
Doç. Dr. Hamid YILMAZ |
Learning Outcomes |
1 | You can configure and analyze problems in analytical thinking. | 2 | You can configure and classification problems | 3 | The decision can solve business problems using the techniques. | 4 | Business benefits and problems of game theory perspective analysis and solutions. | 5 | Complex systems model to apply decision making techniques. | 6 | Group decision making and decision may apply to the social choice functions. |
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Mode of Delivery |
Normal Education |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
Decision making, rationality and bounded rationality, decision making yönn, the artistic and scientific decision making under uncertainty, decision making under risk, utility theory, game theory, social choice theory. |
Weekly Detailed Course Contents |
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1 | Developments in Input and decision to decide Teorilerindeki | | | 2 | The psychological aspect of rational decision making and decision making | | | 3 | Decision making process and decision problems in the configuration | | | 4 | Classification of the decision problem, decision making under Risk and Predictability | | | 5 | Decision Trees and Bayesian approach | | | 6 | Decision making under uncertainty | | | 7 | Utility Theory | | | 8 | Midterm Exam | | | 9 | Multi-criteria decision making method of entry | | | 10 | Multi-criteria decision making: analytic hierarchy process, Analytic Network Process | | | 11 | Game theory | | | 12 | Game theory-continued | | | 13 | Group Decision Making | | | 14 | Social choice theory | | | 15 | Social choice theory | | |
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Recommended or Required Reading |
Evans, R., Ülengin, f., Multi-purpose Management decision making, Rectorate of Istanbul Technical University, 1992.
Vincke, Ph., 1992. Multi Criteria Decision Aid. John Wiley Sons, Inc., & WestSussex.
Simon, h. a. Administrative Behavior: A Study of Decision-Making Processes in Administrative Organizations, New York: Free Press, c1997.
Yoon, K.P. and Hwang C-l., 1995. Multi Attribute Decision Making: An introduction. Sage University Papers Series, Quantitative Applications in the Social Sciences, No. 07-104, Sage Pubn., London |
Planned Learning Activities and Teaching Methods |
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Assessment Methods and Criteria | |
Midterm Examination | 1 | 75 | Project Presentation | 1 | 25 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
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Workload Calculation |
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Midterm Examination | 1 | 12 | 12 |
Final Examination | 1 | 18 | 18 |
Attending Lectures | 14 | 3 | 42 |
Report Presentation | 1 | 3 | 3 |
Self Study | 14 | 1 | 14 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | LO2 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 1 | LO3 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 1 | LO4 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 1 | LO5 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 1 | LO6 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 2 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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