UNIVERSITI TEKNOLOGI MARA

COURSE INFORMATION

Confidential

Course Code : IMS555

Course Name DECISION THEORY APPROVED

:
(English)

Course Name (Malay) : TEORI KEPUTUSAN

MQF Level : 6 - Bachelors Degree

SLT : 120 Hours

Equivalent to 3 Credits

Face to Face: 60 Hours

Non Face to Face: 0 Hours

Student Preparation Time: 60 Hours

Pre-Requisite No module recommendations

:
Courses

Co-requisite Courses : No co-requisite Courses listed

Equivalent Courses : No equivalent Courses listed

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
Course Learning Outcomes

At the end of the course, students should be able to:

1. Describe the concepts underpins decision theory and decision processes ( C2 )

2. Identify and demonstrate principles, models and tools for decision support ( C4 P3 )
3. Analyze and comply appropriate processes, tools and techniques for organizational decision support ( C4 A2 )

Course Description

This course exposes students to the discipline of decision theory include both conceptual and light technical dimensions
of decision theory. It encompasses all necessary elements that underpin the decision making application. At the end of
this course, students will be able to relate the application of decision making in future work place with underlying principle
of decision they learnt from within this course.

Syllabus Content

1. Introduction to Decision Theory

Overview of decision theory

Theoretical questions about decisions
Normative approach
Descriptive approach

2. Decision Processes

Traditional model
Sequential models
Non-sequential models
The phases of practical decisions and decision theory
Decision tree

3. Decision and Valuation

Relations and numbers

The comparative value terms
Completeness
Transitivity
Using preferences in decision-making
Numerical
Using utilities in decision-making

4. Representation of Individual Decisions

Alternatives
Outcomes and states of nature
Decision matrices
Information about states of nature

5. Expected Utility

What is expected utility (EU)?

Objective and subjective utility
Appraisal of EU
Probability estimates

6. Decision-making Under Uncertainty

Paradoxes of uncertainty
Measures of incompletely known probabilities
Decision criteria for uncertainty

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
7. The Philosophy of Probability

The Classical Interpretation

The Frequency Interpretation
The Propensity Interpretation
Logical and Epistemic Interpretation
Subjective Probability

8. Social Decision Theory

The basic insight

Arrow's theorem

9. Overview of Descriptive Decision Theory

Observed Violation of the Expected Utility

Violation of Transitivity and Completeness
The Relevance of Descriptive Decision Theory

10. Decision and Problem Solving

Overview of Problem Solving

Decision, Problem Solving and Expert System
Problem Solving Using AI Technique

Teaching Methodologies

Blended Learning
Discussion
Lectures
Practical Classes

Assessment

Continuous 70.00%
Assessment: Group Project - 30%
Individual Project - 20%
Lab Exercise - 10%
Test - 10%

Final Assessment: 30.00%

Final Project - 30%

Transferable Skills

Solution Provider, Confident, Resourceful and Responsible,

Recommended Text

Gilboa, I., Theory of Decision under Uncertainty: Econometric Society Monographs, Cambridge University Press, 2009,
ISBN: n/a
Giarratano, J. C. & Riley, G. D, Expert Systems: Principles and Programming, 4th Edition, Course Technology., 2005,
ISBN: n/a
Russel, S., & Norvig, P., Artificial Intelligence: A Modern Approach, 2nd Ed., Pearson Education: Upper Saddle River,
New Jersey., 2003, ISBN: n/a
Coppin, B., Artificial Intelligence Illuminated, Jones and Bartlett Publishers, Inc, 2004, ISBN: n/a

References

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
1. Peterson, M., An Introduction to Decision Theory, Cambridge University Press, Cambridge University Press, 2009,
ISBN: n/a

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
 UNIVERSITY TEKNOLOGI MARA

COURSE LEARNING OUTCOMES - MOE LEARNING OUTCOMES - SOFT SKILLS LEARNING OUTCOMES RELATIONSHIP MATRIX

COURSE CODE IMS555 FACULTY / ACADEMY FACULTY OF INFORMATION MANAGEMENT

COURSE NAME (IN ENGLISH) DECISION THEORY CREDIT UNIT 3

COURSE NAME (IN MALAY) TEORI KEPUTUSAN RESOURCE PERSON SAFAWI BIN ABDUL RAHMAN

  Achievement of MOHE Learning Outcomes Achievement of Soft Skills Learning Outcomes

Course Learning Outcomes (CLO) LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8 LO9 SS1 SS2 SS3 SS4 SS5 SS6 SS7

Describe the concepts underpins

CLO1 decision theory and decision / / / / / / / / / / / / / /
processes
( C2 )

Identify and demonstrate

CLO2 principles, models and tools for / / / / / / / / / / / / / /
decision support
( C4 , P3 )

Analyze and comply appropriate

processes, tools and techniques
CLO3 for organizational decision / / / / / / / / / / / / / /
support
( A2 , C4 )

Ministry of Education Learning Outcomes Soft Skills Learning Outcomes

i. Knowledge i. Critical Thinking and Problem-solving Skills

ii. Practical Skills ii. Communication Skills
iii. Thinking and Scientific Skills iii. Team Skills
iv. Communication Skills iv. Ethics & Moral Professionalism
v. Social skills, Teamwork and Responsibilities v. Life-long Learning & Information Management
vi. Values, Ethics, Moral and Professionalism vi. Entrepreneurial Skills
vii. Information Management and Life Long Learning vii. Leadership Skills
viii. Management and Entrepreneurship
ix. Leadership Skills

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
 UNIVERSITY TEKNOLOGI MARA

COURSE LEARNING OUTCOMES - TAXONOMY LEVELS

COURSE CODE IMS555 FACULTY / ACADEMY FACULTY OF INFORMATION MANAGEMENT

COURSE NAME (IN ENGLISH) DECISION THEORY CREDIT UNIT 3

COURSE NAME (IN MALAY) TEORI KEPUTUSAN RESOURCE PERSON SAFAWI BIN ABDUL RAHMAN

COGNITIVE PSYCHOMOTOR AFFECTIVE

COURSE OUTCOMES
C1 C2 C3 C4 C5 C6 P1 P2 P3 P4 P5 P6 P7 A1 A2 A3 A4 A5

Describe the concepts underpins decision

1 theory and decision processes /
( C2 )

Identify and demonstrate principles,

2 models and tools for decision support / /
( C4 , P3 )

Analyze and comply appropriate

3 processes, tools and techniques for / /
organizational decision support
( A2 , C4 )

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017
 UNIVERSITY TEKNOLOGI MARA

COURSE OUTCOMES

COURSE CODE IMS555 FACULTY / ACADEMY FACULTY OF INFORMATION MANAGEMENT

COURSE NAME (IN ENGLISH) DECISION THEORY CREDIT UNIT 3

COURSE NAME (IN MALAY) TEORI KEPUTUSAN RESOURCE PERSON SAFAWI BIN ABDUL RAHMAN

ACHIEVEMENT OF MOE LEARNING OUTCOMES

COURSE LEARNING OUTCOMES TEACHING METHODOLOGY ASSESSMENT
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8 LO9

Describe the concepts underpins decision Lecture Lab Exercise

1 theory and decision processes / / / / / / / / Blended Learning Individual Project
Discussion

Identify and demonstrate principles, models Lecture Lab Exercise

2 and tools for decision support / / / / / / / / Blended Learning Test
Discussion
Assignment

Analyze and comply appropriate processes, No Instructional Methods Lab Exercise

3 tools and techniques for organizational / / / / / / / / Linked Group Project
decision support Final Project

Faculty Name : FACULTY OF INFORMATION MANAGEMENT Start Year : 2010

© Copyright Universiti Teknologi MARA Review Year : 2017