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Management Science and Information Systems
Graduate Studies Committee
The following faculty members served on the Graduate Studies Committee in the
spring
semester 1998-1999.
John R. Allison
Mark B. Baker
Anitesh Barua
Patrick L. Brockett
William W. Cooper
Frank B. Cross
James S. Dyer
Edward I. George
Stefano Grazioli
Betsy S. Greenberg
Patrick Jaillet
Sirkka L. Jarvenpaa
Eleanor W. Jordan
Jonathan Jay Koehler
Prabhudev Konana
Leon S. Lasdon
Hani S. Mahmassani
Reuben R. McDaniel Jr.
Douglas J. Morrice
John R. Mote
Paula C. Murray
Keri Ellen Pearlson
Robert A. Prentice
Timothy W. Ruefli
Thomas W. Sager
Steven R. Salbu
Judy E. Scott
Billy M. Shaw
Thomas S. Shively
David B. Spence
Jan Stallaert
Emerson H. Tiller II
Andrew B. Whinston
Gang Yu
Graduate Courses
The faculty has approval to offer the following courses in the academic years 1999-2000 and
2000-2001; however, not all courses are taught each semester or summer session. Students should consult the Course Schedule to determine which courses and topics will be offered during a particular
semester or summer session. The Course Schedule may also reflect changes that have been made to the courses listed here since this catalog was published.
Unless otherwise stated below, each course meets for three lecture hours a week for one semester.
Legal Environment of Business: LEB
380. Topics in the Legal Environment of Business.
Selected topics on legal constraints affecting managerial decision making and
business behavior. May be repeated for credit when
the topics vary. Some sections are offered on the letter-grade basis only; these are identified
in the Course Schedule.
Prerequisite: Graduate standing.
Topic 1: Social and Ethical Responsibility
of Business.
Ethical aspects of the managerial decision-making process; application of
fundamental ethical principles to business, legal, and
social problems. Topics include ethical implications
of financial markets; race and gender discrimination; employee privacy; health, safety,
environmental, and consumer issues; multinational business firms.
Topic 2: Antitrust Law and Economics.
Legal regulation of anticompetitive market structures and business practices,
including political, economic, and historical
factors. Monopolies, mergers, horizontal and
vertical restraints of trade, and price discrimination.
Topic 3: Law of Commercial Real Estate
Finance and Development.
The legal framework of commercial real estate finance and development, including basic
real estate law concepts, legal aspects of
financing techniques and instruments, subdivision
land-use controls, environmental regulation of
real estate development, and other topics.
Topic 4: Securities Regulation.
Legal regulation of the issuance and trading of securities, including insider trading,
public offerings, takeovers, and broker-dealer
activities.
Topic 5: The Law and the Multinational
Corporation.
Study of the legal environment in which the multinational enterprise operates,
including negotiation and drafting of
international contracts, international dispute
resolution, expropriation, international
investment regulation, letters of credit, tax havens,
and cultural and ethical issues.
Topic 6: Intellectual Property and Antitrust.
Relationships and tensions between laws designed to encourage competitive
markets (antitrust laws) and those that grant
limited monopolies (patents, copyrights, and trademarks).
Topic 7: Corporation Law.
Legal framework for the formation and operation of partnerships and
corporations, including limited liability partnerships
and limited liability corporations; introduction
to securities regulation concepts such as insider trading, mergers, and acquisitions.
Topic 8: Legal Environment of Business.
Additional prerequisite: Admission to the MBA Option II Program.
Topic 9: Law of the Entertainment Business.
Legal aspects of management in the entertainment industry, including contractual
and financing arrangements, licensing, and copyright.
Topic 10: Law of Wills, Trusts, and Estates.
Planning and management of estates through the use of wills, trusts, and gifts;
intestacy, guardianships, marital property systems,
and prenuptial agreements.
Topic 11: Environmental Dispute Resolution.
Theoretical and practical study of the prevention, management, and resolution of
environmental disputes, such as those involving protection of endangered species,
wetlands preservation, natural resource
conservation, and liability for environmental damage
and clean-up.
Topic 12: Legal Regulation of Unfair Competition.
Competitive actions that violate state or federal law, such as intentional interference with
the contractual relations of others, defamation in business contexts, and misappropriation
of trade secrets. Ethical and international dimensions are included where appropriate.
Topic 13: Commercial Transactions.
A comprehensive study of the legal framework for business transactions, including
bailments, sales of goods, commercial paper,
lender liability, bank-customer relationships,
secured transactions, creditor rights, and bankruptcy.
Topic 14: Intellectual Property.
Legal aspects of protecting intellectual property, including patents, trade secrets, trademarks, and copyrights; the contractual licensing of these property rights and other legal aspects of technology.
Topic 15: Environmental Regulation of Business.
Federal and state regulation of business activities that affect the environment;
potential liability of business for environmental damage.
Topic 16: Legal Aspects of Marketing.
State and federal laws on consumer protection, pricing (including price fixing and
price discrimination), packaging, advertising, distribution, dealer control, and related
topics. Ethical and international dimensions are included where appropriate.
Topic 17: Liability and Regulation of Accountants.
State and federal regulations and tort and contract law principles that constrain
accountants and create potential liability. Ethical
and international dimensions are included where appropriate.
Topic 18: Products Liability.
Public policy, economics, and legal rules regarding liability for the manufacture or
sale of defective products. Ethical and
international dimensions are included where appropriate.
Topic 19: Employment Law.
State and federal laws on hiring, supervising, disciplining, and terminating
employees: wrongful discharge law, discrimination
law, workers' compensation and employee safety laws, and several related topics. Ethical
and international dimensions are included where appropriate.
Topic 20: Creating and Enforcing Contracts.
Legal rules and practical policies on creating, monitoring, and enforcing contractual rights
in a wide variety of business settings. Ethical
and international dimensions are included where appropriate.
Topic 21: Environmental Issues in Real
Estate Transactions.
Federal and state environmental regulations affecting commercial real estate
transactions, including the Comprehensive
Environmental Response, Compensation, and Liability
("Superfund") Act, the Clean Water Act, the
Endangered Species Act, wetlands regulation, and
other related topics. Ethical and international dimensions are included where appropriate.
Topic 22: Law of Corporate Finance and Governance.
Legal rules and regulations applicable to a broad range of corporate financial
issues, including agency theory, limited
liability, valuation, bondholder rights, dividend
policy, accountant and investment banker
liability, and capital structure and leverage. Ethical
and international dimensions are included where appropriate.
Topic 23: Law of Corporate Mergers and Takeovers.
Legal rules, policies, and economics of mergers, acquisitions, hostile takeovers,
leveraged buyouts, and related topics. Ethical and international dimensions are included
where appropriate.
Topic 24: Law of Real Estate Finance.
Federal and state regulation of real estate finance. Topics include creation, transfer,
and discharge of mortgagor's and mortgagee's interests; mortgage substitutes;
foreclosures; priority of liens; bankruptcy; and
government intervention in the private mortgage
market. Ethical and international dimensions are included where appropriate.
Topic 25: Bankruptcy Law and Debtor-Creditor Relations.
The legal framework governing the rights and duties of companies, and their owners,
creditors, and other stakeholders, in times of
severe financial distress. Includes liquidation
and reorganization proceedings in bankruptcy as well as alternatives to bankruptcy. Ethical
and international dimensions are included where appropriate.
Topic 26: Law for Entrepreneurs.
Legal issues and principles affecting the business entrepreneur, including those
related to formation of the appropriate type of business organization, capitalization,
protection of personal assets from business
liabilities, protection of innovative ideas, hiring
key personnel, and related topics. Ethical and international dimensions are included
where appropriate.
Topic 27: Cyberlaw. Highly focused coverage of intellectual property law (copyright, trade secret, patent, trademarks, and related topics) as it relates to computer hardware and software; substantial coverage of hardware and software licensing; Internet-related legal issues; antitrust issues in the computer industry; and other topics as time permits, such as encryption, privacy, and computer-system vendor liability.
Topic 28: Business Ethics in the Global Market.
Moral theory and its application to business issues in diverse cultures.
Topic 29: Business and Public Policy.
Study of the nonmarket environment and its considerable effects on business
organizations. Review of business strategies for
influencing legislatures, the executive branch,
court decisions, and the media.
Topic 30: Legal Environment of Business for MPA Students. Introduction to the legal system, with particular emphasis on its applications to the accounting profession. Additional prerequisite: Admission to the Master in Professional Accounting program.
Topic 31: Energy Law. Introduction to the legal issues facing energy-generating and energy service companies in a deregulating, though not fully deregulated, world. Includes the (de)regulation of generation, wholesale transactions, and retail service, as well as the contractual and other legal issues governing the commercial market for energy.
Management Information Systems: MIS
380. Seminar in Organizational Communication.
Selected topics in organizational communication, written and oral. May be repeated
for credit when the topics vary.
Prerequisite: Graduate standing. Some topics also
require consent of instructor; these are identified
in the Course Schedule.
Topic 1: Research Methodology in Business
and Organizational Communication.
Topic 2: Problem Solving, Proposals, and
Presentations.
Topic 3: Advanced Report Writing,
Professional Reports, and Other Scholarly Papers.
380N. Topics in Information Management.
May be repeated for credit when the topics vary.
Prerequisite: Graduate standing.
Topic 1: Information Technology Management.
Technical architecture, including hardware/software platforms, operating systems,
networking, and the Internet; development strategies; and management issues for
the introduction of new technology. Management Information Systems 380 (Topic:
Hardware, Software, and Telecommunications) and
380N (Topic 1) may not both be counted.
Topic 2: Managing Information. Understanding, designing, and controlling the information processing activities of an organization. Complements Management Information Systems 380N (Topic 1) by focusing on information systems rather than information technology. Includes business intelligence, knowledge management, data modeling, group decision support systems, and electronic commerce. Management Information Systems 380N (Topic 2) and 381 (Topic: Managing Information) may not both be counted.
Topic 3: Managing Systems.
Emerging technology, data and process modeling (flow focus for integrated
applications), reengineering, and change management. Management Information Systems
380N (Topic 3) and 381 (Topic: Business and
Systems Change) may not both be counted.
Topic 4: Digital Economy and Commerce.
381N. Topics in Information Systems.
Selected topics in information technology and management of information systems
development. May be repeated for credit when the topics vary.
Topic 1: Introduction to Data Management.
Management Information Systems 381 (Topic 1: Introduction to Data
Management) and 381N (Topic 1) may not both be counted.
Topic 2: Information Systems Concepts and Readings.
Management Information Systems 381 (Topic 2: Information Systems Concepts and
Readings) and 381N (Topic 2) may not both be counted.
Topic 3: Strategic Analysis for High-Tech
Industries.
Only one of the following may be counted: Management 385 (Topic 9:
Strategic Analysis for High-Tech Industries), Management
Information Systems 381 (Topic: Strategic Analysis for
High-Tech Industries), 381N (Topic 3).
Topic 4: Decision Support Systems.
Management Information Systems 381 (Topic 4: Decision Support
Systems) and 381N (Topic 4) may not both be counted.
Topic 5: Information Systems Design and
Implementation.
Management Information Systems 381 (Topic: Information Systems Design and
Implementation) and 381N (Topic 5) may not both be counted.
Topic 6: Research Seminar.
Management Information Systems 381 (Topic 6: Research
Seminar) and 381N (Topic 6) may not both be counted.
Topic 7: Information and Knowledge Management.
Management Information Systems 381 (Topic: Information and Knowledge
Management) and 381N (Topic 7) may not both be counted.
Topic 8: Data Communications/Networks/Distributed Processing.
Management Information Systems 381 (Topic 8: Data
Communications) and 381N (Topic 8) may not both be counted.
Topic 9: Change Management Practicum I.
Project-oriented course focusing on design of organizational change. Management
Information Systems 381 (Topic: Change
Management Practicum I) and 381N (Topic 9) may not
both be counted.
Topic 10: Change Management Practicum II.
Project-oriented course focusing on implementation of organizational change.
Additional prerequisite: Management Information
Systems 381N (Topic 9) (or 381 [Topic: Change
Management Practicum I]).
Topic 11: The Information Industry.
Management Information Systems 381 (Topic: The Information
Industry) and 381N (Topic 11) may not both be counted.
Topic 12: Advanced Information Systems Readings.
Management Information Systems 381 (Topic 12: Advanced Information Systems
Readings) and 381N (Topic 12) may not both be counted.
Topic 13: Advanced Data Communications.
Additional prerequisite: Management Information Systems 381N (Topic 8) (or 381 [Topic
8: Data Communications]).
Topic 14: Global Information Technology Management.
Management Information Systems 381 (Topic 14: Information Technology in
Multinational Corporations) and 381N (Topic 14) may
not both be counted.
Topic 15: Introduction to Electronic Commerce.
Management Information Systems 381 (Topic: Introduction to Electronic
Commerce) and 381N (Topic 15) may not both be counted.
Topic 16: Information Systems
Projects/Internships.
Management Information Systems 381 (Topic 16: Information Systems
Projects/Internships) and 381N (Topic 16) may not both be counted.
Topic 17: Client/Server Development.
Management Information Systems 381 (Topic 17: Client/Server Systems
Development) and 381N (Topic 17) may not both be counted.
Topic 18: Innovation, Technology, and Commercialization.
Management Information Systems 381 (Topic: Innovation, Technology, and
Commercialization) and 381N (Topic 18) may not both be counted.
Topic 19: Technology Transfer: Theory and Practice.
Management Information Systems 381 (Topic 19: Technology Transfer: Theory and
Practice) and 381N (Topic 19) may not both be counted.
Topic 20: Cross-Cultural Issues in
Information Systems.
Management Information Systems 381 (Topic 20: Cross-Cultural Issues in Information
Systems) and 381N (Topic 20) may not both be counted.
Topic 21: Seminar in Multimedia Systems.
382N. Topics in Information Impact Management.
May be repeated for credit when the topics vary.
Prerequisite: Graduate standing.
Topic 1: Managing Financial Information.
Data modeling and information management for investment analysis and financial
systems. Management Information Systems 382
(Topic: Managing Financial Information) and
382N (Topic 1) may not both be counted.
Topic 2: Managing Information-Intensive Change.
Management Information Systems 382 (Topic: Managing Information-Intensive
Change) and 382N (Topic 2) may not both be counted.
Topic 3: Data Management and Decision
Support Systems.
Management Information Systems 382 (Topic 3: Database and Decision
Support) and 382N (Topic 3) may not both be counted.
Topic 4: Cross-Functional Systems Integration.
Management Information Systems 382 (Topic 4: Cross-Functional Systems
Integration) and 382N (Topic 4) may not both be counted.
Topic 5: Managing Complexity.
Topic 6: Computer Auditing and Systems Security.
Topic 7: Project Management in Fast-Cycle Environments.
Topic 8: Balanced Scoreboard: An Information Systems Perspective. Theory and tools that support the design and implementation of balanced scoreboard evaluation systems.
Topic 9: Data Mining.
Topic 10: Data Mining for Marketing.
383N. Topics in Information-Intensive
Business Processes.
Topics in management of information in specific industries or application areas. May
be repeated for credit when the topics vary.
Prerequisite: Graduate standing.
Topic 1: Health Care Management.
Only one of the following may be counted: Management 385 (Topic 3:
Health Care Management), Management Information Systems
382 (Topic 4: Health Care Management), 383N
(Topic 1).
Topic 2: Health Services Seminar.
Topic 3: Customer Insights.
Management Information Systems 381 (Topic: Customer Facing
Technology) and 383N (Topic 3) may not both be counted.
Topic 4: Supply Chain Management.
Management Information Systems 383N (Topic 4) and Management Science 380 (Topic:
Supply Chain Management) may not both be counted.
Topic 5: Computer Tools for Investment Science.
Topic 6: Trading-Floor Technology.
Management Information Systems 381 (Topic: Trading-Floor
Technology) and 383N (Topic 6) may not both be counted.
Topic 7: Computational Finance.
Management Information Systems 383N (Topic 7) and Management Science 380 (Topic
23: Introduction to Computational Finance) may
not both be counted.
Topic 8: Financial Modeling and Optimization.
Only one of the following may be counted: Management Information Systems 383N
(Topic 8), Management Science 380 (Topic 19: Financial Modeling and
Optimization), 380 (Topic: Financial Modeling
II).
Topic 9: Statistics for Finance.
Topic 10: Practicum in Multimedia Systems Development. Restricted to MBA and MPA students who have chosen the information management concentration. Additional prerequisite: Management Information Systems 380N (Topic 1: Hardware, Software, and Telecommunications) and consent of instructor.
Topic 11: Financial Engineering.
385. Management Information Systems.
Overview of hardware and software life cycles; in-depth considerations of program
design, including experience programming for large-scale computer systems in COBOL,
FORTRAN, and/or BASIC. Prerequisite: Graduate standing.
399R, 699R, 999R. Dissertation.
Offered on the letter-grade basis only.
Prerequisite: Admission to candidacy for the
doctoral degree and fulfillment of language
requirement for the doctoral degree.
399W, 699W, 999W. Dissertation.
Offered on the letter-grade basis only.
Prerequisite: Management Information Systems
399R, 699R, or 999R.
Management Science: MSC
380. Seminar in Management Science.
Selected topics in the application of management science to business problems. May
be repeated for credit when the topics vary.
Prerequisite: Graduate standing;
additional prerequisites vary with the topic and are
given in the Course Schedule.
Topic 1: Combinatorial Optimization.
Concepts of computational complexity; the foundation of discrete mathematics
and combinatorial theory.
Topic 2: Linear Programming.
Model formulation: solution algorithms; duality theory; decomposition; sparse
matrix issues; sensitivity and parametric
analysis; optimization and matrix generation
computer software.
Topic 3: Network Optimization.
Applications, theory, and algorithms of the shortest path, maximum flow, and
minimum cost flow problems. Discussion of classic
and contemporary aspects of network optimization, including auction algorithms and
cost-scaling techniques, to provide an integrated view
of theory, algorithms, and applications. Additional prerequisite: Linear algebra and
introduction to management science.
Topic 4: Algorithms and Implementations.
Design, analysis, implementation, and use of computer algorithms. Introduction to
fundamental data structures, sorting, recursive programs, dynamic data structures,
memory management, algorithm design techniques and complexity analysis, and applications
in optimization problems. Examples from linear and integer programming, covering,
knapsack, graph-theoretic problems, network
analysis, and scheduling.
Topic 5: Foundations of Utility, Risk, and
Decision Analysis.
Doctoral-level examination of the logical basis, validity, and usability of the concepts that
form the foundation of decision theory: utility, a measure of subjective value; and probability,
a measure of subjective uncertainty. Additional prerequisite: Introductory coursework
in management science.
Topic 6: Systems Simulation.
Modeling with simulation languages; random number generation; statistical analysis of
input and output; variance reduction techniques; computer software applications.
Additional prerequisite: Introductory coursework
in management science and statistics.
Topic 7: Integer Programming.
Mathematical programming models with discrete (integer) decision alternatives.
Model formulation and solution algorithms. Additional prerequisite: Coursework in
linear programming.
Topic 8: Nonlinear Programming.
Optimization of nonlinear functions of many variables subject to linear or nonlinear
constraints. Basic theory, solution algorithms, applications, computer software.
Additional prerequisite: Coursework in advanced
calculus and linear algebra.
Topic 9: Large-Scale System Optimization.
Formulation and solution of large mathematical optimization models. Focus on
algorithms that exploit special structure of linear
and nonlinear programming models. Applications. Additional prerequisite: Coursework
in advanced calculus and linear programming.
Topic 11: Stochastic Processes.
Discrete stochastic systems, queueing processes, inventory models, replacement,
renewal theory, Markovian processes. Additional prerequisite: Mathematics 362K or the
equivalent; completion of calculus and
mathematical statistics and probability is recommended.
Topic 12: Queueing Systems.
Deterministic queues, priorities, random walks, networks, approximations, and
applications. Additional prerequisite: Management
Science 380 (Topic 11) (or Statistics 380 [Topic
7: Stochastic Processes]) or the equivalent.
Topic 13: Decision Making with Risk and
Multiple Objectives.
Topic 14: Decision Analysis.
Descriptive and normative principles of decision making. Additional
prerequisite: Admission to the PPA or MPA program
or consent of instructor.
Topic 15: Managing Decisions under Risk.
State-of-the-art methods and tools to analyze risky decisions and design optimal
strategies. Practical knowledge and practice are
emphasized.
Topic 16: Graduate Seminars.
Required for doctoral students in management science.
Topic 17: Logistics.
Tools and concepts for the management of the flow of information, material, product,
and cash between the initial suppliers of raw material and the ultimate consumers
of finished goods.
Topic 18: Research Issues in Decision Making.
Talks by students and faculty members with research interests in decision making,
and group discussion of the talks and of students' decision-related research.
Additional prerequisite: Admission to the doctoral degree
program in management science.
Topic 20: Probability and Science in the
Courtroom.
The role of probability and scientific reasoning in legal judgments: differences
between probability evidence and other types of evidence; legal and psychological
implications of these differences; the role of
statistics, formal analyses, and expert opinions in
legal decisions; their impact on judges and jurors.
Topic 21: Behavioral Decision Theory.
The psychology of decision making: how and why our judgments are more fallible than
we ordinarily suppose, and the extent to which predictive judgment can be improved
through use of normative strategies that tell us how
we should make judgments and decisions.
Topic 22: Financial Optimization.
Financial optimization models in portfolio management, investigated and solved
using GAMS and EXCEL. Management Science 380 (Topic 22) and 380 (Topic:
Financial Modeling I) may not both be counted.
Topic 24: Management Planning and Control of Complex Systems. Designed to provide guidance to doctoral students interested in research on new approaches to management planning and control of complex systems, and to MBA students interested in evaluating new practices currently being used in management planning and control activities.
Topic 25: Optimization I. Introduction to operations research and optimization, including linear programming, network models, deterministic dynamic programming, decisions under uncertainty, game theory, inventory models, and simulation. Emphasis on mathematical programming modeling and algorithmic approach of operations research problems.
Topic 26: Optimization II. Designed to provide students, especially those involved in research, with more advanced optimization tools in several broad areas. Includes nonlinear programming, graph theory, integer programming, Markov chains, probabilistic dynamic programming, queueing theory, and metaheuristics. Emphasis on mathematical programming modeling and algorithmic approach of operations research problems. Additional prerequisite: Management Science 380 (Topic 24).
Risk Management: R M
Before 1997-1998, this field of study was called
"risk management and insurance" and the courses
listed below were offered under the abbreviation
"RMI." A student who completed a risk management
and insurance course before the fall semester 1997
may use that course to fulfill prerequisites and
degree requirements in place of the risk
management course with the same number.
395. Seminar: Risk Management.
May be repeated for credit when the topics vary.
Prerequisite: Graduate standing.
Topic 1: Corporate Risk Management.
Analysis of risk management and security needs of businesses and individuals;
related insurance coverages and other tools
available to deal with risk.
Topic 2: Financial and Economic Aspects of
Risk Management.
Analysis of risk management techniques and insurance company operations.
Similarities between insurance pricing techniques and
risk management methodology.
Topic 3: Risk Management and Finance.
Examination of theories underlying risk management techniques for business
and insurance mechanisms; theoretical analysis of problems and practices in risk management.
Topic 5: Managing Environmental Risk.
Topic 6: Risk Analysis and Management.
Topic 7: Managing International Risk.
The global aspects of risk management; basic risk and crisis management principles
pertinent to multinational firms; financially, legally,
and culturally multinational marketplaces such as reinsurance markets, captive offshore
insurance.
Topic 8: Managing Employee Risks and Benefits.
Corporate planning and public policy issues associated with employee benefits.
Statistics: STA
380. Seminar in Business Statistics.
Selected topics in the applications of statistical methods to business problems. May
be repeated for credit when the topics vary.
Prerequisite: Graduate standing; additional prerequisites vary with the topic and are
given in the Course Schedule.
Topic 1: Correlation and Regression Analysis.
Topic 2: Design of Experiments.
Topic 3: Statistical Computing.
Topic 4: Nonparametric Methods.
Topic 5: Statistical Consulting.
Additional prerequisite: Coursework in mathematical statistics and regression.
Topic 6: Survey Research Methods.
Topic 7: Forecasting.
Development of forecasting techniques for use in business applications. Additional prerequisite: Business Administration 386T or the equivalent.
Topic 8: Cybernetics and the Law: Societal, Economic, and Other Problems.
Topic 9: Applied Linear Models.
Theory and application of linear models in empirically oriented research in
business. Additional prerequisite: Business Administration 386T or the equivalent.
Topic 10: Probability and Statistics.
Introduction to the basic concepts of probability and mathematical statistics for
doctoral degree students who plan to use
statistical methods in their research but do not need
a highly mathematical development of the subject. Topics include probability
distributions and estimation theory and hypothesis
testing techniques. Additional prerequisite: A
calculus course covering integration and differentiation.
Topic 11: Analysis of Variance.
Additional prerequisite: Business Administration 386T or the equivalent.
Topic 12: Applied Multivariate Methods.
Additional prerequisite: Business Administration 386T or the equivalent, and
familiarity with statistical software.
Topic 13: Statistical Decision Theory.
Development of the mathematical basis of statistical decision theory from both
the Bayesian and the frequentist point of view. Additional prerequisite: A calculus-level
course in statistics.
Topic 14: Risk Analysis and Management.
The quantification and analysis of risk, considered from several perspectives:
financial risk measures, strategic risk measures,
stochastic dominance rules, chance constrained programming, and safety-first approaches.
Topic 15: Research on Probabilistic Judgment. Research training and experience for graduate students and advanced Business Honors Program undergraduate students who are interested in probabilistic judgment. Additional prerequisite: Statistics 309H or the equivalent and consent of instructor.
381. Sampling.
Theory of sampling; sample design, including stratified, systematic, and multistage
sampling; nonsampling errors. Prerequisite:
Graduate standing and Business Administration 386T.
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