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HU Credits:
2
Degree/Cycle:
1st degree (Bachelor)
Responsible Department:
Psychology
Semester:
2nd Semester
Teaching Languages:
Hebrew
Campus:
Mt. Scopus
Course/Module Coordinator:
Dr. Deborah Marciano
Coordinator Office Hours:
By appointment
Teaching Staff:
Dr. Deborah Marciano
Course/Module description:
Every day, we make countless decisions—what to wear, whether to take Bus 19 or 17 to campus, which course to enroll in, or who to go out with. But how do we actually make these choices? What factors shape our decisions? Can we learn to make better choices?
In this course, we will explore the field of judgment and decision-making. We will talk about the key questions that drive research in the field. We will learn about some of the methodological tools used to investigate how people make decisions, and examine some of the most important findings from the past decades.
Course/Module aims:
The course seeks to expose students to the field of judgment and decision-making. We will explore the key research questions in this field, examine some of the methods used to conduct research, and review some major findings.
Learning outcomes - On successful completion of this module, students should be able to:
1. Identify and explain key terms related to judgment and decision-making, such as: cognitive bias, heuristics, risk and uncertainty, regret, social preferences.
2. Describe common methods used in decision-making research
3. Apply insights from the field to everyday situations and real-life scenarios.
Attendance requirements(%):
90%
Teaching arrangement and method of instruction:
Lectures + participation in experimental demonstrations.
Course/Module Content:
Introduction
Biases and heuristics
Risk and uncertainty
Prospect theory and loss aversion
Subjective value
Regret and expectations
Intertemporal choices
Social context and social preferences
Cheating and dishonesty
Nudges
The future of decision-making
Required Reading:
Selected chapters from :
1. Daniel Kahneman, Thinking fast and slow (2013).
2. Thaler, R. H., & Sunstein, C. R. (2008). Nudge: Improving decisions about health, wealth, and happiness. Yale University Press.
Additional reading materials will be detailed in the course syllabus distributed in the first class.
Additional Reading Material:
Grading Scheme :
Written Exam % 90
Active Participation / Team Assignment 10 %
Additional information:
Midterm exams: 90%.
There will be 3 midterm exams during the semester, during class time.
It is mandatory to pass all three exams.
Test dates:
- April 29
- May 27
- July 1
The exam on July 1 will account for 45% of the final course grade. Another 45% will be based on the higher of the two grades from the exams on April 29 and May 27 (only the highest grade will be considered).
Active participation: 10%
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