Course details
Risk Analysis
MATH 50672A
More specifically, the students will become familiar with the modelling of decision problem using different decision criteria and utility functions, scenario analysis, Monte-Carlo simulation and decision trees. Specialised software for the solution of specific problems will also be presented. Analysis and interpretation of results will be given as much emphasis as technical aspects
Themes covered
- Sensitivity analysis
- Best-case worst-case and regret analysis
- Assessment of objective and subjective probability
- Monte-Carlo simulation
- Properties of risk measures
- Decision trees
- Value of flexibility/information
- Expected utility theory and its paradoxes
Important notes
Course in French : MATH 50672
Préalable(s) : MNGT 56180(A)(Co) et être inscrit au MBA à temps partiel, ou être admis au programme 3792 - Visiteur - Entente mobilité.
Préalable(s) : MNGT 56180(A)(Co) et être inscrit au MBA à temps partiel, ou être admis au programme 3792 - Visiteur - Entente mobilité.
Course code
MATH 50672A
Subject
Mathématiques
Program
MBA
Instruction mode
On-site learning
Credits
1,5