ECEN 448/848/4480/8486: Decision Analysis

ECEN 448/848/4480/8486
Prereqs: ECEN 305/(UNO) ECEN 3050 or STAT 380/(UNO) STAT 3800.
Principles of engineering economy including time value of money, net present value and internal rate of return. Use of influence diagram and decision tree to structure and analyze decision situations under uncertainty including use of stochastic dominance, value of information, and utility theory. Fundamentals of two-person matrix games including Nash equilibrium.
Credit Hours: 3
Course Format: Lecture 3
Course Delivery: Classroom