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.
AK203V Decision Theory for Professionals 2.5 credits

Information per course offering
Information for Autumn 2025 Start 27 Oct 2025 single courses students
- Course location
KTH Campus
- Duration
- 27 Oct 2025 - 12 Jan 2026
- Periods
Autumn 2025: P2 (2.5 hp)
- Pace of study
17%
- Application code
10141
- Form of study
Distance Daytime
- Language of instruction
English
- Course memo
- Course memo is not published
- Number of places
15 - 60
- Target group
- No information inserted
- Planned modular schedule
- [object Object]
- Schedule
- Part of programme
- No information inserted
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Contact
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus AK203V (Autumn 2022–)Content and learning outcomes
Course contents
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
Literature
Examination and completion
Grading scale
Examination
- 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.
If the course is discontinued, students may request to be examined during the following two academic years.
Other requirements for final grade
Active participation in seminars.
Examiner
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.