University Course Planner The University of Adelaide Australia

APP MTH 3020 - Stochastic Decision Theory III

Career: Undergraduate
Units: 3
Term: 3720
Campus: North Terrace
Contact: Up to 3 hours per week
Available for Study Abroad and Exchange: Yes
Available for Non-Award Study: No
Pre-Requisite: MATHS 2103 or APP MTH 3001
Assumed Knowledge: Knowledge of linear programming, such as would be obtained in APP MTH 2105
Assessment: Ongoing assessment 30%, exam 70%

People make decisions everyday: whether to take an umbrella to work; to take an available park for their car of continue to search for a better one; which of several possible methods to implement to attempt to save a species from extinction; and, which people in the population to give a vaccine to. All of these decisions are being made under uncertainty: there exists a certain chance of rain today; a certain chance all of the car parks are used; uncertainty about how many individuals of the species exist and how they will respond to each of the possible interventions; and, the actual dynamics of the infection and the uptake of the vaccine by the population. This course will focus on formulating problems of this type in a mathematical framework and provide methods for making the best decision possible taking into account the uncertainty. Topics covered are: stochastic linear programming - the extension of linear programming to account for uncertainty; Markov decision processes (MDP) and dynamic programming - the framework for solving problems in which the state of the process up to the time of decision is known but the behaviour of the process is governed by a Markov chain; Hidden Markov models, and Partially-observable MDPs - the extension of MDPs where we can only observe a `noisy' version of the state of the system.

Course Fees

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Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information

  Commonwealth Supported Student Contribution
Tuition Fees
Units EFTSL Pre-2010 2010 Onwards Domestic International
3 0.125 Band 2 $1,148 Band 2 $1,148 select program select program

Course Outline

A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here

Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
3720 Mon 07/08/2017 Thu 31/08/2017 Fri 15/09/2017 Fri 27/10/2017

Class Details

Enrolment Class: Lecture
Class Nbr Section Size Available Dates Days Time Location
23772 LE01 40 13 26 Jul - 13 Sep Wednesday 9am - 10am Darling West, G14, Darling West Lecture Theatre
27 Jul - 14 Sep Thursday 1pm - 2pm Mawson, 122, Madigan Room
28 Jul - 15 Sep Friday 10am - 11am Benham, G10, Benham Lecture Theatre
4 Oct - 25 Oct Wednesday 9am - 10am Darling West, G14, Darling West Lecture Theatre
5 Oct - 26 Oct Thursday 1pm - 2pm Mawson, 122, Madigan Room
6 Oct - 27 Oct Friday 10am - 11am Benham, G10, Benham Lecture Theatre