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Course Details

Fall 2016-2017
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 -

Reserved Seats:
Open to PSY Concentrators Only 16
Open to WWS Seniors Only 60

Schedule/Classroom assignment:

Class numberSectionTimeDaysRoomEnrollmentStatus
23753 L01 10:00 am - 10:50 am T Th   Robertson Hall   100   Enrolled:110 Limit:90 Closed
24577 P01 12:30 pm - 1:20 pm Th   Robertson Hall   014   Enrolled:18 Limit:15 Closed
24578 P02 1:30 pm - 2:20 pm Th   Robertson Hall   014   Enrolled:16 Limit:15 Closed
24579 P03 2:30 pm - 3:20 pm Th   Robertson Hall   014   Enrolled:13 Limit:15
24580 P04 3:30 pm - 4:20 pm Th   Robertson Hall   014   Enrolled:18 Limit:15 Closed
24581 P05 7:30 pm - 8:20 pm Th   Robertson Hall   014   Enrolled:18 Limit:15 Closed
24582 P06 10:00 am - 10:50 am F        Enrolled:0 Limit:0 Canceled
24583 P07 11:00 am - 11:50 am F   Robertson Hall   020   Enrolled:16 Limit:15 Closed
24584 P08 2:30 pm - 3:20 pm F        Enrolled:0 Limit:0 Canceled
24729 P09 2:30 pm - 3:20 pm Th   Robertson Hall   010   Enrolled:11 Limit:15
24730 P10 12:30 pm - 1:20 pm Th   Robertson Hall   006   Enrolled:0 Limit:15 Closed
23774 P99 TBA        Enrolled:0 Limit:0 Canceled