Psychology of Decisions

The course provides a fundamental understanding of the processes related to human decision both in daily life and in professional fields. The student will learn the psychological, cognitive and neuropsychological mechanisms that influence individual and group decision-making. During the lessons, normative and descriptive theories of decision-making will be analyzed and discussed. The program will focus on bounded rationality by Herbert Simon, and heuristic and bias paradigm by Daniel Kahneman and Amos Tversky to explain the psycho-cognitive architecture of choice.

After completing this course, the student:
- will be acquired the fundamental knowledge and expertise on normative and descriptive theories on judgement and decision-making;
- will be acquired a understanding of the psycho-cognitive and social mechanisms behind to decision-making, both at individual and group level;
- will be able to analyze and discuss advanced issues in contemporary research on decision-making and their potential applications in real world;
- will be able to analyze in critically way theories and empirical methods used in the decision-making field;
- will have developed strong theoretical knowledge and reasoning skills about decision-making processes in different application domains.