Decision Making
People
Course director
Description
Prerequisites
This course is open to everybody! I will point to you to some interesting books & articles but there is no reading list or textbook (only my slides).
Topics
In this course, we will cover (among others) the following topics: (1) Ethical decision making, (2) Decision making under certainty, (3) Decision making under risk, (4) Decision making under uncertainty, (5) Intuitive decision making, and (6) Learning.
Objectives
The course provides an introduction to the main issues of (individual) decision-making and learning.
The aim is that after the course you will (1) improve your decision making skills and (2) be able to understand the basic concepts and frameworks of decision theory.
Teaching mode
In presence
Learning methods
The class has a website on iCorsi. You can find this course syllabus there. After each class, I will post slides and additional readings.
Examination information
Online Experiments (10%)
There will be online experiments in each class. All experiments will be done in the class, i.e., you have to come to class to participate and contribute to the discussion. Unfortunately, it is not possible to take the experiments before or after the class. To get all 10%, you have to participate in at least 80% of all experiments. To participate, you need a laptop, smartphone, or tablet. Your grade is based only on your participation (and not on the quality of your answers).
Exam (90%):
A 2-hour exam in the exam period. I will provide you with some idea of what to expect in the exam in Session 7 or 8 (mostly open questions, no memorizing required).
Education
- Master of Science in Economics in Management, Lecture, Concentration Organization and Human Resources Management, Elective, 2nd year