PSYCHOLOGY OF ECONOMIC DECISIONS

This class covers the field of judgment and decision-making, which is the collection of cognitive, social, and emotion studies that analyze how people make decisions and evaluate the alternatives available. In particular, the class covers dual-process models of thinking, which distinguish between automatic information processing and conscious, deliberative processing. Related to these theories is the understanding of the pivotal role emotions have in driving our everyday actions. Finally, the class will cover a series of applications of judgment and decision-making in different economic fields.