The judgments and decisions that we make can have long ranging and important consequences for our (financial) well-being and
individual health. Hence, the goal of this lecture is to gain a better understanding of how people make judgments and decisions and
the factors that influences their behavior. We will look into simple heuristics and mental shortcuts that decision makers use to
navigate their environment, in particular so in an economic context. Following this, the lecture will provide an overview into social
and emotional influences on decision making. In the second half of the semester we will look into some more specific topics
including self-control, nudging, and food choice. The last part of the lecture will focus on risk communication and risk perception.
We will address these questions from an interdisciplinary perspective at the intersection of Psychology, Behavioral Economics,
Marketing, Cognitive Science, and Biology. Across all topics covered in class, we will engage with basic theoretical work as well as
with groundbreaking empirical research and current scientific debates.
The workload of the class is 4.5 ECTS. This consists of 3 ETCS for the lecture and 1.5 ETCS for the Übung. Details about the Übung
will be communicated at the first day of the class