Week 10: Decision Making Under Risk and Uncertainty
The Certainty Equivalent
Criterion. The Maxima and Maximax Criterion. The Decision Tree and Joint
Probabilities. Optimal decision Strategy. Limit Pricing and Preventing entry.
Download Files
Course Material
- Week 1: Nature, Scope and Overview of Managerial Economics
- Week 2: Nature, Scope and Overview of Managerial Economics
- Week 3: Demand Analysis, Estimation and Forecasting
- Week 4: Production and Cost Analysis
- Week 5: Production and Cost Analysis
- Week 6: Linear Programming
- Week 7: Linear Programming
- Week 8: Mid Term
- Week 9: Decision Making Under Risk and Uncertainty
- Week 10: Decision Making Under Risk and Uncertainty
- Week 11: Pricing Analysis and Decisions
- Week 12: Pricing Analysis and Decisions
- Week 13: A Critique of Traditional Theory of the Firm
- Week 14: Managerial Theories and Models of the Firm
- Week 15: Capital Budgeting and Investment
- Week 16: Final Term
- Chapters 16
- Department Economics
- Teacher
Mr. Saif Ullah
