Decision Theory
Strategic competition among the few –Strategic competition is analysed using game theory Need to revise 2 person simultaneous move games and Nash equilibrium.
Concepts of Game Theory II. 2 The prisioners reasoning… Put yourself in the place of prisoner i (or j)… Reason as follows: –Suppose I cooperate… If j.
ADM2302 ~ Rim Jaber1 Decision Analysis. ADM2302 ~ Rim Jaber2 Introduction LP models were all formulated under the assumption that certainty existed. Several.
Prisoners dilemma
Decision in Risk EVPI
Lecture 2 Decision Analysis QM 2 Slides
Quantitative Techniques for Decision Making M.P. Gupta & R.B. Khanna © Prentice Hall India.
Instructor: Vincent Duffy, Ph.D. Associate Professor of IE Lab 2 Tutorial – Uncertainty in Decision Making Fri. Feb. 2, 2006 IE 486 Work Analysis & Design.
CD-ROM Chapter 17 Introduction to Decision Analysis.
1 Decision Analysis What is it? What is the objective? More example Tutorial: 8 th ed:: 5, 18, 26, 37 9 th ed: 3, 12, 17, 24 (to p2) (to p5) (to p50)
Chapter 12 - Decision Analysis 1 Chapter 12 Decision Analysis Introduction to Management Science 8th Edition by Bernard W. Taylor III.
