Behavioral Decision Theory

Catalog description

This discussion-based seminar explores the core questions of judgment and decision making (JDM) research, including: 1) understanding the psychology of decision processes, 2) assessing the degree to which decisions are accurate, and 3) evaluating methods for improving decisions. The course uses research articles to examine both theory and empirical findings. Major topic areas include: (1) judgments under uncertainty, (2) risky choice, multi-attribute choice, and intertemporal choice, (3) emotions, motivation, and individual differences in decision making, (4) group decision making, and (5) improving decisions through nudges and choice architecture.