Teilleistung

Alternative exam assessment. The grading includes the following aspects:

• a written exam (60 minutes)
• a presentation during the exercise.

The scoring system for the grading will be announced at the beginning of the course. 

Registration via the WIWI-Portal is required for participation in the Übung. The Übung is a prerequisite for the exam.

The judgments and decisions that we make can have long ranging and important consequences for our (financial) well-being and individual health. Hence, the goal of this lecture is to gain a better understanding of how people make judgments and decisions and the factors that influences their behavior. We will look into simple heuristics and mental shortcuts that decision makers use to navigate their environment, in particular so in an economic context. Following this the lecture will provide an overview into social and emotional influences on decision making. In the second half of the semester we will look into some more specific topics including self-control, nudging, and food choice. The last part of the lecture will focus on risk communication and risk perception. We will address these questions from an interdisciplinary perspective at the intersection of Psychology, Behavioral Economics, Marketing, Cognitive Science, and Biology. Across all topics covered in class, we will engage with basic theoretical work as well as with groundbreaking empirical research and current scientific debates.

The workload of the class is 4.5 ECTS. This consists of 3 ETCS for the lecture and 1.5 ETCS for the Übung. Details about the Übung will be communicated at the first day of the class.