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Course Details

Fall 2015-2016
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:
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:
60-80 pages a week, and weekly assignments (short papers, problem sets)

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.

Other information:
WWS course online waitlist form -

Schedule/Classroom assignment:

Class numberSectionTimeDaysRoomEnrollmentStatus
22351 L01 10:00 am - 10:50 am T Th   Robertson Hall   100   Enrolled:121 Limit:95 Closed
24064 P01 11:00 am - 11:50 am Th   Wallace Hall   366   Enrolled:15 Limit:15 Closed
24065 P02 12:30 pm - 1:20 pm Th   Wallace Hall   366   Enrolled:15 Limit:15 Closed
24066 P03 12:30 pm - 1:20 pm Th   Friend Center   306   Enrolled:14 Limit:15
24067 P04 1:30 pm - 2:20 pm Th   Wallace Hall   366   Enrolled:12 Limit:15
24068 P05 1:30 pm - 2:20 pm Th   Friend Center   305   Enrolled:15 Limit:15 Closed
24069 P06 2:30 pm - 3:20 pm Th   Wallace Hall   366   Enrolled:14 Limit:15
24070 P07 11:00 am - 11:50 am Th        Enrolled:15 Limit:15 Closed
24071 P08 10:00 am - 10:50 am F   Robertson Hall   014   Enrolled:6 Limit:15
24072 P09 11:00 am - 11:50 am F   Robertson Hall   014   Enrolled:14 Limit:15
22363 P99 TBA        Enrolled:0 Limit:0 Canceled