Judgment & Decision Making
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Course level: Graduate
Students will develop knowledge about decision theory, judgment, and problem-solving research related to areas such as vigilance behavior, employee selection, choice behavior, and human performance in complex environments. This course examines Brunswik’s Lens Model, Bayesian inference, subjective expected utility, prospect theory, and the cognitive information-processing paradigm. Competency A: Analyze the complexities and differences between the normative and prescriptive approaches of the decision-making process, judgment, and choice. Competency B: Demonstrate understanding of how emotions, pressure, and external threats affect decision making. Competency C: Examine the basic psychological concepts behind the judgment process and how humans are influenced by the senses. Competency D: Demonstrate understanding of how individuals’ personal values and ethics influence the decision-making process. Competency E: Examine rational decision theories applied in practices today. Competency F: Apply concepts and decision making theory to organizational scenarios.