Course Information:

Instructor: Dr. E. Varouchakis (Member LTS - EnvEng)

Textbooks (Eudoxus):

• Book [1765]: ΣΥΣΤΗΜΙΚΗ ΜΕΘΟΔΟΛΟΓΙΑ & ΤΕΧΝΙΚΗ ΟΙΚΟΝΟΜΙΚΗ, ΠΑΝΑΓΙΩΤΑΚΟΠΟΥΛΟΣ ΔΗΜΗΤΡΙΟΣ 
• Book [59391194]: Εφαρμογές πιθανοτήτων και στατιστικής, ANG ALFREDO, TANG WILSON, (μτφ. - επιμ. ΔΗΜ. ΠΑΝΑΓΙΩΤΑΚΟΠΟΥΛΟΣ)

Recommended reading:

• Pratt, John W., Howard Raiffa, and Robert Schlaifer. Introduction to Statistical Decision Theory.MIT Press, 1995.

Eclass:

•  Registration required

Course contents:

Elements of probability and statistics. Probability Distributions: continues and discrete. Risk and uncertainty in engineering projects. Estimation of risk factors in applied cases. Cost benefit analysis. Decision trees. Introduction to statistical decision theory, Bayes theory, Bayes Risk, prior and posterior distributions. Application of the Loss functions in environmental decision making. Sensitivity analysis and uncertainty with respect to data availability. Risk Analysis & Geostatistics. Risk analysis in hydrological projects. Introduction to Game theory in water recourses management (Irrigania software).

Assessment and grading method:

• Problem Sets, 20% of the grade
• Project, 30% of the grade
• Final closed-book written exam, 50% of the grade

Last modification: 11-09-2018