ELEC 448/848: Decision Analysis

ELEC 448/848
Prereqs: ELEC 305 or STAT 380
Principles of engineering economy including time value of money, net present value and internal rate of return. Use of influence diagram and ecision 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
Course Delivery: Classroom

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