Dr Barbara Fasolo NAB 3.15

This course is available on the MSc in Management, MSc in Management (CEMS MIM), MSc in Management Science (Decision Sciences), MSc in Management Science (Operational Research), MSc in Management, Organisations and Governance and MSc in Public Management and Governance. This course is available as an outside option to students on other programmes where regulations permit.

It is complementary to any behavioural course offered at LSE, available as an outside option to students on other programmes where regulations permit.

This course introduces students to the fascinating field of behavioural science from a decision making persective. We will explore a selection of the latest theories, experimental and field research relevant to personal and managerial decision making as well as policy-making. For each topic students will gain an understanding of central behavioural concepts through interactive lectures. Content will be updated to include the latest research such as choice architecture and nudge, role of emotions, heuristics, biases and adaptive decision strategies.

18 hours of lectures and 3 hours of seminars in the MT. 2 hours of lectures and 3 hours of seminars in the LT.

One 800 word behavioural report plan (MT).

All teaching and reading material will be available electronically via Moodle.

For a general background, the following books are recommended:

Baron, J. (2000), Thinking and Deciding (3rd edition), Cambridge: Cambridge University Press; Beach and Connolly (2005), The Psychology of Decision Making: People in Organizations, (2nd Edition), Sage; R Hastie & R M Dawes (2001), Rational Choice in an Uncertain World, Sage; Plous, S. (1993), The Psychology of Judgment and Decision Making, New York: McGraw Hill. Kahneman, D. (2011). Thinking, Fast and Slow. London: Allen Lane. New York: Farrar, Straus and Giroux.

Coursework (30%, 800 words) in the MT.
Coursework (70%, 3000 words) in the LT.

The course is examined as follows: one 800 word behavioural report plan in the MT (30%) and one 3,000 word behavioural report in the LT (70%).