DescriptionThe module Decision Theory III has provided in introduction to a range of methods in the wide topic area `Decision Theory', including Utility Theory, Game Theory, Bargaining and Group Decisions. Effectively, all kind of scenarios where decisions need to be made taking into account uncertainty, information and values of outcomes fit in this topic area. This project provides the opportunity to discover more of this exciting area of mathematics. A range of topics can be studied in detail. These can range from purely theoretical topics to real world applications, and they can continue any of the topics introduced in Decision Theory III or topics which are new to you. As some suggestions, one could think about Adversarial Risk Analysis or the Shapley Value in Game Theory. For Group Decisions, one can study aspects of Manipulation or consider theory of Juries (size, decision rules, etc). It is nicest though if students come with their own topic of interest!PrerequisitesDecision Theory IIIFurther informationYou will find very (too..) much information online when googling for `Decision Theory', specific topic areas or similar key words, and there are many relevant books in the library and journals (online via the Durham University Library). It would be best to contact me (best by email) to discuss how specific areas of your interest can be linked to suitable topics. |
email: Frank Coolen