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Choice and Decision

When you'll study it
Semester 2
CATS points
15
ECTS points
7.5
Level
Level 6
Module lead
Christian Kellner
Academic year
2021-22

Module overview

This module familiarises students with central concepts and findings in decision theory. It will explore in detail how decisions should be made, introducing normative benchmarks such as rationality and consistency, and will present how decisions are made, using both empirical and experimental findings and theoretical arguments. The module will illustrate the concepts by examining decision-making in a variety of economic contexts and environments, and discuss possibly implications for economic policies in these contexts. These contexts include decisions under risk and uncertainty and over time.

Linked modules

Prerequisites: MANG2069 OR ECON2033

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