Very Preliminary Schedule

Fall 2008, 314 ALC, Monday 4:30-7:00

9 Oct 20 |
Class Exercise on Risk Attitude Click
here for spreadsheet Introduction to Utility Theory Interval Utility Scales Soft Decision Analysis p5-6 |
Case: "Better Decisions with Preference Theory"
p.129-137 Guido's EZ Loan Key |

10 Oct 27 |
Estimating
Utility Curves for Money Buying and Selling Price & the Wealth Effect Utility for Nonmonetary Outcomes |
Lala
Lovely's
utility Tenfour Goodbuddy |

11 Nov 3` |
Big
insurance, mutual insurance, and cartels Prospect More on Prospect Theory |
Roger
Bucks Case: "Better Decisions with Preference Theory" p.137-140 |

12 Nov 10 |
"Time and chance happen to them all" -- Risk-Adjusted Discount rates as an alternative to utility theory Motel, Music and Gold examples with discounting; risk adjusted vs. utility |
Case: "Real Options: Valuing Managerial Flexibility" |

13 Nov 17 |
Oil Example Motel, music & Gold Examples with mean & standard deviation The Tomato Garden |
Case:s "Real Options: Valuing Managerial Flexibility" "Capital Projects as Real Options: An Introduction" |

14 Nov 24 |
Comparison of Risk AdjustedNPV
versus Utility Theory Bayesian information as a Call Option Insurance as a Put Option |
Roger Bucks Case: "Arundel partners:ct" pages 1-5, Exhibits 102 |

15 Dec 1 |
Comparison of NPV, Desision Analysis, and Real
Option Theory Summary of the course Another Summary |
Case: "Arundel partners:
The Sequal Project" |

Dec 8 |
Take-home Final Exam and Projects Due Under door of 840 RCB or in tenth floor departmental office or fax 626 605 2586 |