040025 KU Thinking, Predicting and good Decision-Making (MA) (2022S)
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 07.02.2022 09:00 to Mo 21.02.2022 23:59
- Registration is open from Th 24.02.2022 09:00 to Fr 25.02.2022 23:59
- Deregistration possible until Mo 14.03.2022 23:59
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
on-site until further notice
Monday
07.03.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
10.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
14.03.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
17.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
21.03.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
24.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
28.03.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
31.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
04.04.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
07.04.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
25.04.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
28.04.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
02.05.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
05.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
09.05.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
12.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
16.05.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
19.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
23.05.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Monday
30.05.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
02.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
09.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
13.06.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Monday
20.06.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
23.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
27.06.
08:00 - 09:30
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
30.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
The course aims to provide students with a grounding in the main areas of behavioral economics, by focusing on behavioral biases in individual preferences, belief updating, choice contexts, and their implications in practice. These main areas include biases in decision-making under risk and uncertainty, intertemporal decision-making, information processing, and some de-biasing methods include libertarian paternalism and wisdom of the crowd. For each area, the focus will be on three points: (i) introduce the biases from experimental or field evidence; (2) biases compared to what and its practical implications in fields include marketing, charity, and health. (2) de-bias methods.
Assessment and permitted materials
Participation: 20%
Presentation: 20%
Data analyses project: 30%
Proposal: 30%
Presentation: 20%
Data analyses project: 30%
Proposal: 30%
Minimum requirements and assessment criteria
>50%
Examination topics
(1) Decision-making under risk and uncertainty
(2) Intertemporal decision-making
(3) Elicitation methods of beliefs and private information
(4) Bayesian updating and information processing
(2) Intertemporal decision-making
(3) Elicitation methods of beliefs and private information
(4) Bayesian updating and information processing
Reading list
By and large, the course will be based on academic papers and lecture notes slides.
Additional Textbook: An Introduction to Behavioral Economics (2012) by Nick Wilkinson and Klaes.
Extra interesting readings: Thinking, Fast and Slow (2011) by Daniel Kahneman; Nudge (2009) by Richard Thaler and Cass Sustein.
Additional Textbook: An Introduction to Behavioral Economics (2012) by Nick Wilkinson and Klaes.
Extra interesting readings: Thinking, Fast and Slow (2011) by Daniel Kahneman; Nudge (2009) by Richard Thaler and Cass Sustein.
Association in the course directory
Last modified: Th 03.03.2022 16:07