Semester:WS 16/17
Type:Module
Language:English
ECTS-Credits:3.0
Scheduled in semester:3
Semester Hours per Week / Contact Hours:26.0 L / 22.5 h
Self-directed study time:67.5 h
Type:Module
Language:English
ECTS-Credits:3.0
Scheduled in semester:3
Semester Hours per Week / Contact Hours:26.0 L / 22.5 h
Self-directed study time:67.5 h
Module coordination/Lecturers
- Prof. Dr. Markus Weinmann
(Modulleitung)
- Dr. sc. Matthias Tietz, M.Sc.
(Modulleitungsassistenz)
Curricula
Master's degree programme in Information Systems (01.09.2015)Events
Description
Short description
The course focuses on judgment and decision-making, with emphasis on how decisions deviate from rational and/or ethical standards, with applications in human-computer interaction.
Topics
- Introduction to decision making under certainty and risk
- Measuring and modeling individual risk preferences
- Heuristics in decision-making
- Biases in decision making
- Emotions in decision making
- Designing decisions on websites
Learning objectives
- Students will know how decisions can be influenced by various human biases and how to improve individual decisions.
- Students will know basic methods of decision making in order to overcome human biases.
- Students will use methods of decision-making in order to improve business decisions in organizations.
Methods
- The module integrates theoretical knowledge and practical skills in an interactive lecture.
- The e-learning platform Moodle will be used throughout the course for the dissemination of course material and discussions.
Entry requirements
- none
Compulsory reading
- Hastie, R. & Dawes R. M. (2010). Rational Choice in an Uncertain World. Sage: London.
Further reading
- Baron, J. (2008). Thinking and Deciding. Cambridge University Press: Cambridge.
- Bazerman, M. H. & Moore, D. A. (2013). Judgment in Managerial Decision Making. John Wiley & Sons, Inc: New York.
- Hammond, J. S., Keeney, R. L., & Raiffa, H. (1999). Smart Choices. A Practical Guide to Making Better Decisions. Havard Business Review Press: Harvard.
- Johnson, J. (2014). Designing with the Mind in Mind. Elsevier: Burlington.
- Kahneman, D. (2011). Thinking, Fast and Slow. Penguin Books: London.