Course Details
Decision Behavior | |
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Instructors: | Prof. Dr. Markus Nöth, Prof. Dr. Martin Spindler |
Assistants: | TBA |
Module: | MA-METH 1 |
Type: | Lecture (2 h/week), Tutorial (1 h/week) |
Hours: | 3 (h/week) |
Credit points: | 6 ETCS |
Language of instruction: | English |
Language of examination: | English |
Lectures: | TBA |
Venue: | TBA |
Tutorials: | TBA |
Venue (Tutorials): | TBA |
First session: | TBA |
Last session: | TBA |
Type and length of examination: | Written exam (60 min.) |
Examination dates: | see Exams |
Module Description
This course provides you with insights into neoclassical and modern theories as well as methods of contemporary decision sciences. In the first part of this course, we will focus on basic principles of decision theory based on normative rules. More specifically, we will introduce several models of decision making under risk or uncertainty and decision making under incomplete information. Moreover, we will give you an introduction to game theory and will discuss potential solutions that are based on static and dynamic properties.
In the second part of this course, we will contrast the extant theory with descriptive theories that describe how people actually make decisions. Especially, you will have a practical insight into important issues in decision science like prospect theory and the use of heuristics and related biases in intuitive decision making.
Registration
For this course, you need to register via the "Studieninfonetz" (STiNE) of the University of Hamburg. You need to adhere to the registration deadlines. It is your responsibility to check whether this course is eligible for your studies. Should you have questions regarding registration, please contact your Studienbüro.
Course Materials
All course materials are uploaded to STiNE. The files might be protected with a password. In this case, the password is announced in the first session of the course.
STiNE Messages
Make sure to regularly check your STiNE inbox. Important information regarding this course will be provided via STiNE messages.
Exam
Exam questions will be in English. When answering the questions, you may choose between German and English. A language change within a task is not allowed.
Questions?
All courses of the major FINVERS are usually administered by a research assistant. Please contact the assistant if you have any questions related to the course contents. Should the course not be administered by a research assistant, you can contact the instructor via e-mail.
Slides/Files | Download |
General information | STiNE |