040025 KU Thinking, Predicting and good Decision-Making (MA) (2023S)
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 13.02.2023 09:00 to We 22.02.2023 12:00
- Registration is open from Mo 27.02.2023 09:00 to Tu 28.02.2023 12:00
- Deregistration possible until Fr 17.03.2023 23:59
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Detailed course arrangements can be found in the syllabus.
Thursday
02.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
03.03.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
09.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
10.03.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
16.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
17.03.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
23.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
24.03.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
30.03.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
31.03.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
20.04.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
21.04.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
27.04.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
28.04.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
04.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
05.05.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
11.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
12.05.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Friday
19.05.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
25.05.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
26.05.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
01.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
02.06.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Friday
09.06.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
15.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
16.06.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
22.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
23.06.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
29.06.
16:45 - 18:15
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday
30.06.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.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: Mo 08.05.2023 15:26