2024

Decision Models and Risk

Name: Decision Models and Risk
Code: GES08403M
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area: Management

Teaching languages: Portuguese
Languages of tutoring support: Portuguese

Sustainable Development Goals

Learning Goals

Understand the process of decision making in the context of risk and uncertainty;
Develop models to problem solving;
Analyse and interpret model results and make recommendations to achieve the resolution of problems;
Learning a set of useful templates in the process of decision making.
Learning outcomes:
Decision-making capacity;
Capcidade abstraction and model building;
Capacity transdisciplinary and integrated reasoning;
Implementation capacity and use of information and communication support to decision making technologies.

Contents

1 - Introduction
2 - Probability and Preferences in Process decision
3 - Risk, Uncertainty and Ignorance in Making decision
4 - Decision Models with Known Preferences
5 - Decision Models with Preferences unknown
6 - Decision Models with Multiple Objectives
7 - Decision Models and Factor Weather
8 - Decision Models Baysean

Teaching Methods

Teaching Methodologies
Structured exposition, exemplification and processing of information obtained in solving practical issues.
Evaluation:
The final grade is obtained through written tests and resolution of work.