Block
Judgement and Decision Making [T-WIWI-111099]
Type
Examination of another typeCredits
4.5Recurrence
Each winter termVersion
2Responsible
Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
Part of
- Module Marketing and Sales Management | Industrial Engineering and Management (M.Sc.)
- Module Digital Marketing | Industrial Engineering and Management (M.Sc.)
- Module Incentives, Interactivity & Decisions in Organizations | Industrial Engineering and Management (M.Sc.)
- Module Consumer Research | Industrial Engineering and Management (M.Sc.)
- Module Marketing and Sales Management | Economics Engineering (M.Sc.)
- Module Digital Marketing | Economics Engineering (M.Sc.)
- Module Incentives, Interactivity & Decisions in Organizations | Economics Engineering (M.Sc.)
- Module Consumer Research | Economics Engineering (M.Sc.)
- Module Marketing and Sales Management | Digital Economics (M.Sc.)
- Module Digital Marketing | Digital Economics (M.Sc.)
- Module Incentives, Interactivity & Decisions in Organizations | Digital Economics (M.Sc.)
- Module Consumer Research | Digital Economics (M.Sc.)
- Module Economics & Management | Digital Economics (M.Sc.)
- Module Marketing and Sales Management | Information Systems (M.Sc.)
- Module Digital Marketing | Information Systems (M.Sc.)
- Module Incentives, Interactivity & Decisions in Organizations | Information Systems (M.Sc.)
- Module Marketing and Sales Management | Information Engineering and Management (M.Sc.)
- Module Digital Marketing | Information Engineering and Management (M.Sc.)
- Module Incentives, Interactivity & Decisions in Organizations | Information Engineering and Management (M.Sc.)
- Module Marketing and Sales Management | Economathematics (M.Sc.)
- Module Digital Marketing | Economathematics (M.Sc.)
Events
| Course Number | Name | SWS | Type |
|---|---|---|---|
| WS22 2540440 | Judgment and Decision Making | 3 | lecture (V) |
| WS20 2540440 | Judgment and Decision Making | 3 | lecture (V) |
| WS23 2540440 | Judgment and Decision Making | 3 | lecture (V) |
| WS21 2540440 | Judgment and Decision Making | 3 | lecture (V) |
| WS23 2500041 | Exercise Judgment and Decision Making | 2 | exercise (Ü) |
Exams
| Course Number | Name | Appointments |
|---|---|---|
| SS21 7900322 | Judgement and Decision Making | 25.07.2023 - 05:30 |
| SS21 7900322 | Judgment and Decision Making | 17.02.2022 - 06:00 |
| SS21 7900322 | Judgement and Decision Making | 22.02.2024 - 11:00 |
| SS21 7900322 | Judgement and Decision Making | 23.02.2023 - 05:00 |
| SS21 7900322 | Judgement and Decision Making | 26.07.2022 - 06:00 |
| SS21 7900322 | Judgment and Decision Making | |
| SS21 7900322 | Judgment and Decision Making | 27.07.2021 - 09:30 |
Competence Certificate
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.
Prerequisites
Registration via the WIWI-Portal is required for participation in the Übung. The Übung is a prerequisite for the exam.
Annotation
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.