OIDD900 - Foundations of Decision Processes
The course is an introduction to research on normative, descriptive and prescriptive models of judgement and choice under uncertainty. We will be studying the underlying theory of decision processes as well as applications in individual group and organizational choice. Guest speakers will relate the concepts of decision processes and behavioral economics to applied problems in their area of expertise. As part of the course there will be a theoretical or empirical term paper on the application of decision processes to each student's particular area of interest.
Prerequisites: STAT 510 or 550
Other Information: Non-PhD students must contact instructor for permission to enroll.
OIDD904 - Experimental Economics (Course Syllabus)
Many theories in economics can be tested usefully in experiments in which researchers control parameters that are uncontrolled in natural settings. This course presents the theory of the experimental method and validity along with several examples of experimental testing: simple competitive equilibrium, intertemporal competitive equilibrium, asset markets, futures markets, bargaining models, tournaments, reputation-building in repeated games, etc.
Prerequisites: OIDD900 or permission of the instructor
OIDD910 - Concepts of Math Programming (Course Syllabus)
Introduction to mathematical programming for PhD students who would like to be intelligent and sophisticated consumers of mathematical programming theory but do not plan to specialize in this area. Integer and nonlinear programming are covered, including the fundamentals of each area together with a sense of the state-of-the-art and expected directions of future progress.
Other Information: Crosslisted w/ ESE 504.
OIDD912 - Introduction to Optimization (Course Syllabus)
This course constitutes the second part of a two-part sequence and serves as a continuation of the summer math camp. Mathematical optimization provides a unifying framework for studying issues of rational decision-making, optimal design, effective resource allocation and economic efficiency. It is a central methodology of many business-related disciplines, including operations research, marketing, accounting, economics, game theory and finance. In many of the disciplines, a solid background in optimization theory is essential for doing research. This course provides a rigorous introduction to the fundamental theory of optimization. It examines optimization theory in two primary settings: static optimization and optimization over time (dynamic programming). Applications from problem areas in which optimization plays a key role are also introduced. The goal of the course is to provide students with a foundation sufficient to use basic optimization in their own research work and/or to pursue more specialized studies involving optimization theory. The course is designed for entering doctoral students. The prerequisites are calculus, linear algebra and some familiarity with real analysis, as covered in summer math camp. Other concepts are developed as needed throughout the course.
Prerequisites: OIDD 910, OIDD 930.
OIDD915 - Advanced Graph Theory
Deals mainly with algorithmic and computational aspects of graph theory. Topics and problems include reachability and connectivity, setcovering, graph coloring, location of centers, location of medians, trees, shortest path, circuits, traveling salesman problem, network flows, matching, transportation, and assignment problems.
Prerequisites: OIDD910 / ESE504 or equivalent
OIDD916 - Advanced Integer Programming (Course Syllabus)
In-depth review of solution methods: Lagrangean relaxation and column generation, Benders partitioning, cross-decomposition, surrogate relaxation, cutting planes and valid inequalities, logical processing, probing, branch-and-bound, branch-and-price. Study of special problems and applications: matching, location, generalized assignment, traveling salesman, forest planning, production scheduling. Prerequisite: OIDD 910/ESE 504 or equivalent. Please email the instructor for any questions regarding the prerequisite.
Prerequisites: OIDD 910/ESE 504 or equivalent
OIDD930 - Stochastic Models (Course Syllabus)
This course introduces mathematical models describing and analyzing the behavior of processes that exhibit random components. The theory of stochastic processes will be developed based on elementary probability theory and calculus. Topics include random walks, Poisson processes, Markov chains in discrete and continuous time, renewal theory, and martingales. Applications from the areas of inventory, production, finance, queueing and communication systems will be presented throughout the course.
Prerequisites: STAT510 or 550 or equivalent
OIDD931 - Stochastic Processes ll (Course Syllabus)
Extension of the material presented in OIDD930 to include renewal theory, martingales, and Brownian motion.
OIDD932 - Queuing Theory (Course Syllabus)
This course presents the mathematical foundations for the analysis of queueing systems. We will study general results like Little's law and the PASTA property. We will analyze standard queueing systems (Markovian systems and variations thereof) and simple queueing networks, investigate infinite server models and many server approximations, study GI/G/1 queues through random walk approximations, and read papers on applied queueing models.
Prerequisites: OIDD930 and OIDD931
OIDD934 - Dynamic Programming and Stochastic Models (Course Syllabus)
The course goal is to provide a brief but fairly rigorous introduction to the formulation and solution of dynamic programs. Its focus is primarily methodological. We will cover discrete state space problems, over finite or infinite time horizon, with and without discounting. Structured policies and their theoretical foundation will be of particular interest. Computational methods and approximation methods will be addressed. Applications are presented throughout the course, such as inventory policies, production control, financial decisions, and scheduling.
OIDD937 - Methods Stumblers: Pragmatic Solutions to Everyday Challenges in Behavioral Research
This PhD-level course is for students who have already completed at least a year of basic stats/methods training. It assumes students already received a solid theoretical foundation and seeks to pragmatically bridge the gap between standard textbook coverage of methodological and statistical issues and the complexities of everyday behavioral science research. This course focuses on issues that (i) behavioral researchers are likely to encounter as they conduct research, but (ii) may struggle to figure out independently by consulting a textbook or published article.
OIDD940 - Operations Management (Course Syllabus)
Concepts, models, and theories relevant to the management of the processes required to provide goods or services to consumers in both the public and private sectors. Includes production, inventory and distribution functions, scheduling of service or manufacturing activities, facility capacity planning and design, location analysis, product design and choice of technology. The methodological basis for the course includes management science, economic theory,organization theory, and management information system theory.
Other Information: Crosslisted with ESE 620
OIDD941 - Distribution Systems Seminar
Seminar on distribution systems models and theory. Reviews current research in the development and solution of models of distribution systems. Emphasizes multi-echelon inventory control, logistics management, network design, and competitive models.
OIDD955 - Research Seminar in Information Systems (Course Syllabus)
This course provides an overview of some of the key Information Systems literature from the perspective of Insormation Strategy and Economics (ISE) and Information Decision Technologies (IDT). This course is intended to provide an introduction for first year OIDD doctoral students, as well as other Wharton doctoral students, to important core research topics and methods in ISE and IDT in order for students to do research in the field of Information Systems. While it is intended as a "first course" for OPIM doctoral students in ISE and IDT, it may also be useful for students who are engaged in research or plan to perform information technology related research in other disciplines.
OIDD989 - Topics in Operations and Information Management
The specific content of this course varies form semester to semester, depending on student and faculty interests.
OIDD992 - Conflict Mgmt Seminar
This seminar exposes students to the central issues in conflict management research. This course covers both analytic and behavioral perspectives of conflict management, and describes how the field has developed. Through discussions of theory and empirical research, the course aims to develop a foundation for understanding the extant literature and how common methodological tools have shaped the types of questions conflict management scholars have investigated - and neglected.
- Program of Study
- Departmental Requirements
- Areas of Specialization and Course Requirements
- Requirements Beyond Courses
- Learning, Research, and Working at Wharton
- Financial Aid and Stipends
- Living in Philadelphia
- OPIM Decision Processes Lab