Decision theory
Field of study: Mechatronics
Programme: Mechatronic systems engineering (ME8)
Semester: II,
ECTS credits: 2
Course instructor: dr inż.Marek Jasiński
Course description

Almost everything that a human being does involves decisions. Therefore, one may say that decision theory (also known as theory of choice) concerns human activities in many fields. The main goal of problem in decision theory is to identify the best decision to take, however taking into account that decisions are often made under uncertainty or risk, sometimes “the best” decision is not ideal.

Decision theory is a multidisciplinary subject which is related to economics, psychology, philosophy, computer science, mathematics and statistics.

The course deals with concepts, methods, models and approaches which are used in decision-making process.
Teaching modes and hours
  • 15 h lectures
  • 15 h projects

Sources
  • Hillier F.S., Lieberman G.J., Introduction to operations research, McGraw-Hill, 2010.
  • Poler R., Mula J., Diaz-Madronero M., Operations research problems. Statements and solutions, Springer – Verlag, London-Haidelberg-New York, 2014.
  • Gilboa I., Making better decisions, Wiley Blackwell, 2011.
  • Binmore K., Rational Decisions, Princeton University Press 2009.
  • Raiffa H., Luce D., Games and decisions, Jon Wiley & Sons 1957.