IE-MM4 Stochastic and Games
Track: Stochastic and Games
Track director: Prof. Dr. K.-H. Waldmann
ECTS = 6
Lectures:
- Stochastic Models and Optimisation
- Applied Game Theory
- Simulation and Case Studies
Track description:
The module presents advanced techniques in modeling and analyzing stochastic systems and strategic decision problems as well.
The module will enable the students to get a better understanding of stochastic phenomena, and, in particular, to use this knowledge in making decisions under uncertainty, where uncertainty can arise either from “nature” or from playing against conscious opponents (“strategic uncertainty”).
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