Description
This module will introduce normative and descriptive models of judgments and choice. Formal models will include the axioms of probability, Bayesian networks, decision theory and game theory. The classic violations of these normative models will be critically discussed, in particular probability biases and choice anomalies. Current psychological models of judgment and choice will be presented, including heuristics and biases; prospect theory; sampling approaches; and the role of emotion in decision making. These will be evaluated and linked with more general principles of cognition.
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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