[Business Administration] Rational Decision Making


General information

Course name Rational Decision Making
Course type Lecture
Course code 5010
Course coordinator Prof. Dr. Alexander Klos
Faculty Faculty of Business, Economics and Social Sciences
Examination office http://www.wiso.uni-kiel.de/de/studium/pruefungsamt
Short summary This course “is an introduction to prescriptive decision theory, also known as decision analysis. Decision analysis aims to support people in making complex and hard decisions” (Eisenführ, Langer, and Weber, 2010, page 1).

Information about study level

Study level Bachelor
Also possible for  

Information about credit points, evaluation and frequency

Evaluation Written exam
Frequency Summer term; note that the course may not be taught during a research sabbatical (“Forschungsfreisemester”)

Information about teaching language

Teaching language English
Minimum language requirement  
Further Information on the teaching language  

Information about requirements

Recommended  requirements  

Information about course content, reading list and additional information

Course content Major topics include decision making under certainty with one objective, decision making under certainty with multiple objectives, and decision making under risk.
Reading list Eisenführ, F., Weber, M., Langer, T. (2010): Rational Decision Making, Springer, Berlin-Heidelberg-New York.
Additional Information OLAT