Jonathan Eckstein's Business Decision Analytics under Uncertainty Classes
This site is for both Fall 2017 sections of the course. The
Spring 2017 version and earlier versions are also available.
Announcements (As of
September 15, 2017 12:38 PM)
- Please check your e-mail for an announcement regarding homework
This website will be used for public-access materials. Materials
needing password protection will be on
Usual Office Hour Schedule
My office is 100 Rockafeller Road, room 5145. Office hours are
tentatively scheduled for
- Tuesdays 1:30-4:30 pm from September 12 through December 12, except
- No office hours October 12 (after first midterm)
- No office hours November 14 (after second midterm)
- No office hours November 21 (Thanksgiving week)
- See the syllabus for extra office hours scheduled before exams.
This schedule is subject to change. Changes will be announced above. You may also make appointments if regularly scheduled
office hours conflict with your class schedule.
Handouts and Class Materials
- Wednesday, September 6: Introduction, procedures, syllabus,
introduction to decision making under uncertainty
- Monday, September 11: Introduction to decision trees, probability
- Wednesday, September 13: Conditional probability and Bayes' formula
- "Bayes' rule" and TB testing problem, pages 13-14 of the textbook
- Material processing problem
(similar but not identical to page 69 of the textbook)
- Homework 1, due September
20. Please check your
e-mail for an announcement regarding this assignment; in particular,
please substitute "is considering an option" for "has
acquired and option" in the first sentence of problem 1.
- Monday, September 18 (covered by substitute instructor): More
Bayes analysis and decision trees, start revisiting non-EMV decision making
- Wednesday, September 20 (covered by substitute instructor): More non-EMV decision making (especially
utility functions), start critical fractile analysis
- Monday, September 25: More critical fractile, including "chunky"
All solutions will be posted on
Blackboard and require a
password. They are in PDF format unless otherwise specified.
- No homework solutions posted yet