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Regular version of the site
Bachelor 2021/2022

Methods of Decision-Making

Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type: Compulsory course (Public Administration)
Area of studies: Public Administration
When: 3 year, 1, 2 module
Mode of studies: distance learning
Open to: students of one campus
Language: English
ECTS credits: 5
Contact hours: 48

Course Syllabus

Abstract

The course includes main notions and stages of decision making, relevant mathematical models and methods, namely, linear and nonlinear programming, multi-objective and dynamical optimization methods, game considerations and their use in applied problems. Дистанционное обучение производится на платформах MS Teams, Webinar и Zoom. Ссылка на конкретные занятия заранее высылается преподавателем по почте.
Learning Objectives

Learning Objectives

  • To familiarize students with basic concepts, models and methods of decision making.
Expected Learning Outcomes

Expected Learning Outcomes

  • Be able to choose rational options in practical decision-making problems
  • Have skills in analysis of game-theoretic models
  • Know principles of mathematical models construction in decision analysis
Course Contents

Course Contents

  • Introduction
  • Multicriterial Decision Making (MCDM)
  • Network analysis
  • Power distribution in international organizations
  • Double-sided matchings
  • Fair division
  • Game-theoretic models
  • Data Envelopment Analysis
Assessment Elements

Assessment Elements

  • non-blocking homework
  • non-blocking test 1
  • non-blocking test 2
  • non-blocking final exam
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.2 * test 2 + 0.2 * test 1 + 0.5 * final exam + 0.1 * homework
Bibliography

Bibliography

Recommended Core Bibliography

  • Aleskerov F., Bouyssou D., Monjardet B. ‘Utility Maximization, Choice and Preference’, Springer Verlag, Berlin, 2007

Recommended Additional Bibliography

  • Osborne, M. J. (2009). An introduction to game theory / Martin J. Osborne. New York [u.a.]: Oxford Univ. Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.324093616