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Judgement & Decision Making (PSY 305)

Term: 2017-2018 Academic Year Spring


Joseph CiceUser Info
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Mon-Wed-Fri, 12:00 PM - 1:00 PM (1/22/2018 - 5/11/2018) Location: SCRN ANGE 201


This course explores the fundamental principles of human judgement and decision-making. Students will learn about theoretical models of optimal decision-making and evaluate how closely these models align with how people make decisions in real-life situations. Discussions and activities will center on identifying ways of improving human judgement and decision-making through the application of research-based principles. Core topics will include (among others): rationality and emotion, the gambler?s fallacy, mental accounting, value and utility, Multi-Attribute Utility Analysis (MAUT), biases in moral thinking, utilitarianism, assessments of risk, and mental self-control. (3 credits) Prerequisite: PHL105


PSY 305
1. Read and analyze contemporary research in the field of Psychology pertaining to human judgment and decision-making.
2. Understand the role of culture, context, and individual circumstance in the decision-making process.
3. Become familiar with and articulate the theories of various seminal researchers in the field of judgment and decision-making.
4. Debate and defend theories of decision-making via in-class oral discussions.
5. Articulate the importance of judgment and decision-making (and the various ways in which it manifests) in contemporary society.
6. Identify flaws in real-world examples of decision-making, and propose potential research-based solutions.
7. Develop and formally present a working personal decision-making philosophy based on the views of various theorist.

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