The Psychology of Judgment and Decision-Making (PJD101)

Wednesday 19:10-21:00
Tokyo (Maps & Directions)
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Course Details

Do you ever feel right about a decision that seems wrong, or feel wrong about a decision that seems right? Are you happy about having lots to choose from but then feel unhappy with your final choice? Can a random number influence how much you'll spend? Why does the brain respond immediately to certain situations yet become almost paralyzed in others? Can fewer rules lead to better decisions? At its core, this course is about becoming better decision-makers, inside and outside of work. For this to happen, we must better understand the psychology that surrounds our judgment and ultimately our decisions and choices. As a way to answer the questions above, and many more, we will explore topics such as: intuitive vs conscious choice, cognitive biases that misguide our decisions, the impact of frames, anchors and defaults on our judgment as well as the roles played by emotions and moods. We even take a look at how the brain functions when we make a choice. We will conclude by exploring approaches toward improving our judgment and making better decisions.

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