Course Listings

PSYC 343 (QA; AR) Judgment and Decision Making (1)

Ethical and descriptive aspects of human judgment and decision making. Rational models based on expected utility, Bayesian statistical inference, falsification logic. "Real life" applications to economics, politics, psychology, risk management and other areas. Special attention to how and why our informal, intuitive strategies deviate from these rational models and to the potential costs and benefits of our heuristic strategies.

Mode of Inquiry: Analyzing Arguments, Reasons, and Values

General Education Requirement Fulfillment: Quantitative and Analytical Reasoning

Prerequisite: Sophomore standing and completion of one college level Math course

• Offering: Annually
• Instructor: Friedrich