Course Catalog & Schedules Course Search > Search Results > Course Description Decision Making Under Uncertainty (DECS-433-0) 1.00 Credit Description: This course counts toward the following majors: Decision Sciences. Provides frameworks for reasoning about decisions in uncertain environments. Case studies and experiments are used to motivate the importance of probabilistic reasoning to avoid the systematic biases that cloud managers' decision making. Formal probabilistic tools are introduced and their relevance to modern business issues is conveyed via cases, exercises, and class experiments. Some of the applications include: inventory management with uncertain demand, principal-agent models, herd behavior, selection bias, rare events, real options and risk. The course is self-contained, and should be of value to all students, including those with prior exposure to formal probability models. Prerequisites: None Corequisites: None

We are currently in the Fall 2009 quarter.

Academic Year: 2009-2010 Quarter: Fall 2009 Sec ID Instructor Day Time Location 61 Vohra MR 08:30 - 10:00 Jacobs (1246) 62 Vohra MR 10:30 - 12:00 Jacobs (1246) 63 Al-Najjar MR 13:30 - 15:00 Jacobs (G03) 64 Al-Najjar MR 15:30 - 17:00 Jacobs (G03) 65 Herold TF 10:30 - 12:00 Jacobs (1246) 66 Herold TF 13:30 - 15:00 Jacobs (1246) 71 Weber M 18:00 - 21:00 Wieboldt (TBD) 72 Weber T 18:00 - 21:00 Wieboldt (TBD) 76 Kalai S 13:30 - 16:30 Wieboldt (TBD)   Academic Year: 2009-2010 Quarter: Winter 2010 Sec ID Instructor Day Time Location 71 Gradwohl W 18:00 - 21:00 Wieboldt (TBD) 72 Gradwohl R 18:00 - 21:00 Wieboldt (TBD)   Academic Year: 2009-2010 Quarter: Spring 2010 Sec ID Instructor Day Time Location 71 Gradwohl T 18:00 - 21:00 Wieboldt (TBD) 72 McKeon R 18:00 - 21:00 Wieboldt (TBD)   Academic Year: 2009-2010 Quarter: Summer 2010 This course has not yet been scheduled.

* indicates Sections where First Session is Mandatory.

+ indicates Sections with Second Year Preference.

Please send questions to kellogg-registrar@kellogg.northwestern.edu .