040212 VO Decisions under Uncertainty (MA) (2020W)
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Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
Details
Language: English
Examination dates
- Monday 25.01.2021 15:00 - 17:45 Digital
- Thursday 25.02.2021 15:00 - 17:45 Digital
- Wednesday 26.05.2021 16:45 - 19:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
- Thursday 23.09.2021 15:00 - 17:45 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
Lecturers
Classes (iCal) - next class is marked with N
The lecture is only held digitally.
5.10., 15 Uhr: online meeting via Collaborate
- Monday 05.10. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 12.10. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 19.10. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 09.11. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 23.11. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 30.11. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 07.12. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 14.12. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 11.01. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
- Monday 18.01. 15:00 - 16:30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
Assessment and permitted materials
written exam about the topics discussed in the lecturePermitted materials for the exam:
No documents (neither notes nor formularies) are allowed. A simple, non-programmable calculator, without matrix operations, which does not plot graphs, solve equations, and does not compute derivatives or integrals is allowed.Please note that mobile phones, smart watches etc. must be out of reach during the exam.For more information please visit
http://homepage.univie.ac.at/andrea.gaunersdorfer/teaching/decisions.html
No documents (neither notes nor formularies) are allowed. A simple, non-programmable calculator, without matrix operations, which does not plot graphs, solve equations, and does not compute derivatives or integrals is allowed.Please note that mobile phones, smart watches etc. must be out of reach during the exam.For more information please visit
http://homepage.univie.ac.at/andrea.gaunersdorfer/teaching/decisions.html
Minimum requirements and assessment criteria
For passing the exam you need 50% of possible points.
Examination topics
Topics discussed in the lecture or which material is provided in Moodle.
Reading list
A. Gaunersdorfer, Decisions under Unvertainty, Lecture, September 2020.Please find more literature in the notes and at
http://homepage.univie.ac.at/andrea.gaunersdorfer/teaching/decisions.html
http://homepage.univie.ac.at/andrea.gaunersdorfer/teaching/decisions.html
Association in the course directory
Last modified: Fr 12.05.2023 00:12
Introduction (what is decision theory, decisions under risk)
Expected utility theory
Risk aversion
Stochastic Dominance and Risk Comparisions
Some Remarks on the Mean-Variance Approach
Empirical Facts
Prospect Theory
Sequential Decisions and the Role of InformationFor more details see
http://homepage.univie.ac.at/andrea.gaunersdorfer/teaching/decisions.htmlMaterials for home-learning will be provided on Moodle.
These serve as complementary additions to the script, which allow the student to independently study the material.
We will discuss formal concepts and examples during the classroom units.