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Apr 24, 2024
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BUSE 6206 - Uncertainty and Strategic Decision-Making
Credits: 2
Reviews the principles of decision-making under uncertainty and application of those principles to enhance managerial performance. Includes the basic tools of modern game theory, the economics of information, risk aversion, and decision theory. Illustrations and problems are drawn from diverse areas of business practice, including price competition, contract negotiations, auctions and competitive bidding, capacity expansion, and market entry. Prerequisite: BUSE 6202 .
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