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Course Offerings

Course Details

Spring 2013-2014
WWS 340 / PSY 321 (EC)   na, npdf

The Psychology of Decision Making and Judgment

Eldar Shafir

An introduction to the logic and research findings underlying decision-making and judgment under uncertainty. The focus is on the contrast between the rational theory of judgment and choice, and the psychological principles that guide decision behavior, often producing biases and errors. Among other topics, we will consider political, medical, and financial decision-making, poverty, negotiation, and the law, along with the implications of the findings for the rational agent model typically assumed in economics, throughout the social sciences, and in policy making.

Sample reading list:
Bazerrman, M.H. & Moore D., Judgment in Managerial Decision Making (7th Ed.)
Thaler, R. & Sunstein, C., Nudge: Improving Decisions About Health Wealth and Happiness
Mullainathan, S., & Shafir, E., Scarcity: Why Having Too Little Means So Much
Shafir, E. (Ed.), The Behavioral Foundations of Public Policy
See instructor for complete list

Reading/Writing assignments:
50-60 pages a week, and weekly assignments (short papers, problem sets)

Requirements/Grading:
Mid Term Exam - 25%
Final Exam - 35%
Class/Precept Participation - 15%
Other (See Instructor) - 25%

Other Requirements:
Open to Juniors and Seniors Only.

Prerequisites and Restrictions:
Introductory statistics for social science or equivalent.

Schedule/Classroom assignment:

Class numberSectionTimeDaysRoomEnrollmentStatus
40570 L01 11:00 am - 11:50 am M W   Robertson Hall   100   Enrolled:127 Limit:100 Closed
44194 P01 12:30 pm - 1:20 pm W   Robertson Hall   012   Enrolled:12 Limit:15 Closed
44195 P02 1:30 pm - 2:20 pm W   Robertson Hall   012   Enrolled:15 Limit:15 Closed
44196 P03 2:30 pm - 3:20 pm W   Robertson Hall   012   Enrolled:15 Limit:15 Closed
44197 P04 9:00 am - 9:50 am Th   Robertson Hall   014   Enrolled:6 Limit:15 Closed
44198 P05 10:00 am - 10:50 am Th   Robertson Hall   014   Enrolled:10 Limit:15 Closed
44199 P06 11:00 am - 11:50 am Th   Robertson Hall   029   Enrolled:11 Limit:15 Closed
44200 P07 1:30 pm - 2:20 pm Th        Enrolled:0 Limit:0 Canceled
44201 P08 2:30 pm - 3:20 pm Th        Enrolled:0 Limit:0 Canceled
44202 P09 12:30 pm - 1:20 pm Th   Robertson Hall   010   Enrolled:12 Limit:15 Closed
44203 P10 1:30 pm - 2:20 pm Th   Robertson Hall   014   Enrolled:12 Limit:15 Closed
44204 P11 2:30 pm - 3:20 pm Th   Robertson Hall   014   Enrolled:13 Limit:15 Closed
44339 P12 10:00 am - 10:50 am Th   Robertson Hall   035   Enrolled:8 Limit:15 Closed
44340 P13 11:00 am - 11:50 am Th   Robertson Hall   035   Enrolled:13 Limit:15 Closed
43537 P99 TBA        Enrolled:0 Limit:0 Canceled