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AK203V Decision Theory for Professionals 2.5 credits

About course offering

For course offering

Autumn 2024 Start 28 Oct 2024 single courses students

Target group

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Part of programme

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P2 (2.5 hp)


28 Oct 2024
13 Jan 2025

Pace of study


Form of study

Distance Daytime

Language of instruction


Course location

KTH Campus

Number of places

15 - 30

Planned modular schedule


For course offering

Autumn 2024 Start 28 Oct 2024 single courses students

Application code



For course offering

Autumn 2024 Start 28 Oct 2024 single courses students


John Cantwell (


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Course coordinator

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Headings with content from the Course syllabus AK203V (Autumn 2022–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

  • Introduction to decision theory and concepts such as rationality, preferences, aims, uncertainty and utiliity,
  • presentation and application of decision-theoretical methods,
  • introduction to decision making under risk and uncertainty,
  • philosophical perspective on decision-theoretical questions,
  • exercise in formalisation and analysis of decision problems.

Intended learning outcomes

On completion of the course, the student should be able to:

  • give an account of the basic concepts that are used in decision theory,
  • give an account of the basics of formalisation of decision problems, choices of decision-theoretical method and decision under risk and uncertainty,
  • discuss and problematise the formalisation of decision problems and justify the choice of decision-theoretical method given a certain decision problem under risk and uncertainty,
  • discuss decision-theoretical issues from a philosophical perspective,
  • discuss and problematise decision theory and decision making methods in practical and professional contexts.

Literature and preparations

Specific prerequisites

120 credits higher education

Recommended prerequisites

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Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

P, F


  • PRO1 - Projekt, 2.5 credits, grading scale: P, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Other requirements for final grade

Active participation in seminars.

Opportunity to complete the requirements via supplementary examination

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Opportunity to raise an approved grade via renewed examination

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Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

Main field of study

This course does not belong to any Main field of study.

Education cycle

Second cycle

Add-on studies

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John Cantwell (