Decision Analysis

Review of methods of optimizing decisions. It includes decision models, fuzzy controls, statistical decision theory, formal logic, game theory, stochastic programming, information theory, multi-objective decisions, and qualitative aspects of the decisions. MASTER DEGRE CEN in engineering. Capital asset pricing, term structure of interest, and other capital allocation models will be covered. Assessment of realoptions using binomial lattice, Black-Scholes and other pricing models.