SA4M2E Half Unit
Behavioural Science and Policy
This information is for the 2016/17 session.
Teacher responsible
Prof Paul Dolan OLD.2.38
Availability
This course is compulsory on the Executive MSc in Behavioural Science. This course is not available as an outside option.
Course content
This course aims to introduce students to the main concepts and tools of the growing fields of behavioural science. The course covers the following topics: What is behavioural science?; Choices under risk and uncertainty; Intertemporal decisions; Social preferences; Distributional preferences; The role of emotions in decision making; Compensating behaviours; Dual-process models of behaviour and the role of the unconscious mind; Dual processing into policy.
Teaching
15 hours of lectures and 7 hours of seminars in the MT.
Formative coursework
Students will be expected to produce 1 piece of coursework in the MT.
Indicative reading
Dolan, P. (2014). Happiness by design: finding pleasure and purpose in everyday life. London: Allen Lane.
Kahneman, D. (2011). Thinking Fast and Slow. London: Penguin Books
Camerer, C.F., and Loewenstein, G. (2004). Behavioral economics: past, present, future. In Camerer, C.F. and Loewenstein, G. (eds.), Advances in behavioral economics, pp. 374-392. New York: Russell Sage Foundation.
Weber, E.U., and Johnson, E.J. (2009). Mindful judgment and decision making. Annual Review of Psychology, 60, 53-85.
Rabin, M. (1998). Psychology and Economics. Journal of Economic Literature, 36, 11-46.
Camerer, C.F. (1995). Individual decision making. In Kagel, J.H. and Roth, A.E. (eds.), The handbook of experimental economics, pp. 587-703. Princeton: Princeton University Press.
Loewenstein, G., Weber, E.U., Hsee, C.K., and Welch, N. (2001). Risk as feelings. Psychological Bulletin, 127, 267-286.
Thaler, R. and Sunstein, C. (2003) Libertarian paternalism, American Economic Review, 93, 2, 175-179.
Assessment
Take home exam (100%) in the MT.
Key facts
Department: Social Policy
Total students 2015/16: Unavailable
Average class size 2015/16: Unavailable
Controlled access 2015/16: No
Value: Half Unit
Personal development skills
- Leadership
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Commercial awareness
- Specialist skills