ST222-12 Games, Decisions and Behaviour

Academic year
20/21
Department
Statistics
Level
Undergraduate Level 2
Module leader
Horatio Boedihardjo
Credit value
12
Module duration
10 weeks
Assessment
Multiple
Study location
University of Warwick main campus, Coventry
Introductory description

This module runs in Term 1 and is available for students on a course where it is a listed option and as an Unusual Option for students who have taken the pre-requisites.

Pre-requisites: ST115 Introduction to Probability OR ST111 Probability A.

Module web page

Module aims

Throughout their history, game and decision theories have used ideas from mathematics and probability to help understand, explain and direct human behaviour.
Questions explored in the module include: What is probability? A set of axioms, a relative amount of outcomes, a belief? And how can this be elicited? What guides decision-making when outcomes are uncertain? What happens when information is only partial or ambiguous? What if there is more than one person, or how are decisions made in games? How do people perceive and evaluate probabilities and risks? Are they acting rationally or not? Which heuristics and biases come into play? Under which conditions do they occur, and how do they impact decision-making?
Answer will be embedded into theories and illustrated with practical examples from a wide range of applications including engineering, economics, finance, business, sciences, psychology and medicine.

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

  1. Introduction and motivation
  1. Concepts of probability
  1. Normative theory for decision-making under uncertainty and ambiguity
  1. Descriptive theory for decision-making under uncertainty and ambiguity
  1. Games
Learning outcomes

By the end of the module, students should be able to:

Indicative reading list

View reading list on Talis Aspire

Subject specific skills

TBC

Transferable skills

TBC

Study time

Type Required Optional
Lectures 30 sessions of 1 hour (23%) 2 sessions of 1 hour
Private study 90 hours (68%)
Assessment 12 hours (9%)
Total 132 hours
Private study description

Weekly revision of lecture notes and materials, wider reading, working on practice exercises and preparing for examination.

Costs

No further costs have been identified for this module.

You do not need to pass all assessment components to pass the module.

Assessment group D
Weighting Study time
Multiple Choice Quizzes 10% 12 hours

A number of multiple choice quizzes which will take place during the term that the module is delivered.

2 hour examination (April) 90%

The examination paper will contain four questions, of which the best marks of THREE questions will be used to calculate your grade.

~Platforms - Moodle

Assessment group R
Weighting Study time
2 hour examination (September) 100%

The examination paper will contain four questions, of which the best marks of THREE questions will be used to calculate your grade.

~Platforms - Moodle

Feedback on assessment

Solutions and cohort level feedback will be provided for the examination.

Past exam papers for ST222

Post-requisite modules

If you pass this module, you can take:

Courses

This module is Optional for:

  • Year 2 of USTA-G302 Undergraduate Data Science
  • Year 2 of USTA-G304 Undergraduate Data Science (MSci)
  • Year 2 of USTA-G1G3 Undergraduate Mathematics and Statistics (BSc MMathStat)
  • Year 2 of USTA-GG14 Undergraduate Mathematics and Statistics (BSc)

This module is Option list A for:

  • Year 2 of USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
  • Year 2 of UECA-GL12 Undergraduate Mathematics and Economics (with Intercalated Year)
  • Year 2 of USTA-Y602 Undergraduate Mathematics,Operational Research,Statistics and Economics

This module is Option list B for:

  • Year 2 of UCSA-G4G1 Undergraduate Discrete Mathematics
  • Year 2 of UCSA-G4G3 Undergraduate Discrete Mathematics
  • UMAA-G105 Undergraduate Master of Mathematics (with Intercalated Year)
    • Year 2 of G105 Mathematics (MMath) with Intercalated Year
    • Year 3 of G105 Mathematics (MMath) with Intercalated Year
  • UMAA-G100 Undergraduate Mathematics (BSc)
    • Year 2 of G100 Mathematics
    • Year 3 of G100 Mathematics
  • UMAA-G103 Undergraduate Mathematics (MMath)
    • Year 2 of G103 Mathematics (MMath)
    • Year 3 of G103 Mathematics (MMath)
  • UMAA-G106 Undergraduate Mathematics (MMath) with Study in Europe
    • Year 2 of G106 Mathematics (MMath) with Study in Europe
    • Year 3 of G106 Mathematics (MMath) with Study in Europe
  • Year 2 of UMAA-G1NC Undergraduate Mathematics and Business Studies
  • Year 2 of UMAA-G1N2 Undergraduate Mathematics and Business Studies (with Intercalated Year)
  • Year 2 of UMAA-GL11 Undergraduate Mathematics and Economics
  • UMAA-G101 Undergraduate Mathematics with Intercalated Year
    • Year 2 of G101 Mathematics with Intercalated Year
    • Year 4 of G101 Mathematics with Intercalated Year