Semester:WS 22/23
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
- Assoz. Prof. Dr. Johannes Schneider
(Modulleitung)
- Daniel Knapp, MSc
(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
Lecture Goals
- 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.
Qualifications
Lectures Method
- 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.
Literature
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. (2009). 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. (2010). Designing with the Mind in Mind. Elsevier: Burlington.
- Kahneman, D. (2011). Thinking, Fast and Slow. Penguin Books: London.
Exam Modalities
Written exam (90 minutes)