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<p>Creating course page via bot</p> <p><b>New page</b></p><div>{{Infobox Course<br /> | code = HSL813<br /> | name = Foundations of Decision Theory<br /> | credits = 3<br /> | credit_structure = 3-0-0<br /> | pre_requisites = For HES students (M.Sc. in Economics)--<br /> | overlaps = <br /> }}<br /> <br /> == HSL813 : Foundations of Decision Theory ==<br /> Completion of core courses. Not allowed to take this courses in the first year. For UG students--HUL212 The course aims to formalize microeconomic treatment of decision-making by economic agents. It will encompass consumer&#039;s choice problems, rationality theory and also bounded rationality theory. The course will conceptualize behavioural aspects of firm&#039;s decision-making- non-cooperation strategies and cartel formation would be discussed with respect to various market structures. Basic ideas of auction models would also be discussed and reference would be made to e-auctions and spectrum (or natural resource) auction markets. Latest developments in social and economic networks would be introduced and behavioural underpinnings would be discussed.</div>

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