Course Detail

Foundations of Judgment and Decision Making (38913)

Course Description by Faculty

  • Hastie, Reid Wu, George
  • Content
    This is a graduate seminar for Ph.D. students interested in judgment and decision making. The first half (taught by Professor Hastie) will review traditional approaches to judgment and decision making including algebraic and statistical modeling, assessments of heuristic judgment and decision habits, and statistical decision theory, with an emphasis on the methods that have been used to reveal the cognitive processes underlying these behaviors. The second half (taught by Professor Wu) will cover decision making under risk and uncertainty. In particular, special attention will be devoted to understanding: (i) the relationship between formal models and the psychological factors and processes the models are attempting to capture; and (ii) the interplay between formal models and empirical evidence.
  • Prerequisites
    Admission to the Ph.D. Program or consent of instructor.
    • No non-Booth Students

    • PhD - students only

  • Grades
    Grades will be based on class participation, weekly write-ups, and a final paper. No provisional grades.
    • No auditors

    • No pass/fail grades

  • Syllabus
  • Autumn 2022Section: 38913-50W 1:30PM-4:30PMHarper Center3SW - Seminar RoomIn-Person Only
Description and/or course criteria last updated: July 26 2022