11004 Decision Theory

2018/2019

Kursusinformation
Decision Theory
Engelsk
5
Ph.d., Generelt servicekursus (generiske færdigheder)
August
Campus Lyngby
Seminars, lectures, literature study, project work
3-uger
Aftales med underviser, Aftales med underviser
Bedømmelse af opgave(r)/rapport(er)
bestået/ikke bestået , intern bedømmelse
The participants should have a background in statistics, probabilistics and/or decision analysis as e.g. provided with the course "Probabilistic Modelling in Civil Engineering" (11376).
Minimum 5
Sebastian Thöns , Lyngby Campus, Bygning 118, Tlf. (+45) 4525 1714 , sebt@byg.dtu.dk

11 Institut for Byggeri og Anlæg
I studieplanlæggeren
Overordnede kursusmål
The potential of decision analyses in Civil Engineering has already been recognised in the 1970s (see Course Literature). However, it took until recent years that decision analyses have attracted attention across science, industry and governmental institutions. Decision analyses maybe highly complex and require a sound modelling of a decision process accounting for infrastructure system state models and forecasts, the prediction and the effect of actions and information together with the modelling of the infrastructure life cycle functionality, consequences and costs. Such decision process models are individually advanced within the Civil Engineering research disciplines.
Decision analyses facilitate the integration of all decision process models and thus the quantification and the optimisation of a decision maker’s expected utilities before implementing a decision. The decision maker’s expected utilities may comprise a reduction of risks, maximising the functionality, sustainability, resilience etc. and incorporate thus a clear potential to benefit research, industry and society.
The course objective is to support the development and application of decision analyses across Civil Engineering disciplines and research. The specific aims of the course are:
(1) The provision of methods and tools to perform decision analyses
(2) The provision of an overview of decision analyses in research and in practice
(3) To account for the Civil Engineering Department strategy with varying foci in each year.
Læringsmål
En studerende, der fuldt ud har opfyldt kursets mål, vil kunne:
  • Create and determine solutions for decision and Value of Information optimality
  • Evaluate decisions with the help of decision analyses before and after implementation
  • Structure a decision problem for application in the specific field of interest
  • Select appropriate models for the quantification of decision attributes and utilities
  • Quantify and model uncertainties related to the phases of the decision process
  • Perform decision analyses with knowledge of with a proper selection of analyses tools
  • Perform an in depth scientific literature review and to apply literature findings
  • Evaluate recent developments in the field of decision analyses
Kursusindhold
Decision theory, Value of Information of information theory, basics of utility theory, probabilistic information modelling and prediction, structural reliability, decision analysis methods and tools, decision trees, Bayesian networks, applications of decision theory
This year’s focus: Condition Assessment of the Built Environment.
Litteraturhenvisninger
Foundations of decision theory:
Raiffa H., Schlaifer R., Applied Statistical decision Theory. Wiley&Sons. Chichester. 2000. Part I and II.
Benjamin, J. R. and C. A. Cornell (1970). Probability, Statistics and Decision for Civil Engineers, McGraw-Hill, New York. ISBN: 070045496.

This year focus literature:
Paik, J. K. and R. E. Melchers, Eds. (2014). Condition Assessment of Aged Structures, Elsevier Science.
More literature to be announced at the beginning of the course.
Sidst opdateret
20. november, 2018