Spring 2024 Marketing B8619 section 001

Behav Econ & Decision Making

Behav Econ & Decision Mak

Call Number 14548
Day & Time
Location
TR 2:20pm-3:50pm
690 Kravis Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructor Elizabeth Friedman
Type SEMINAR
Method of Instruction In-Person
Course Description The purpose of this course is to inform future managers, analysts, consultants, and advisors of the psychological processes and biases underlying decision-making, with an emphasis on how to incorporate these insights into marketing and business strategies. This course will help you to improve the quality of your own judgments and decisions in both business and everyday life. People are poor intuitive statisticians, meaning that when they “just think” about situations for which some data or casual observations exist, they tend to make serious inferential errors, in turn leading to systematically biased decisions. We will study some errors that are particularly important for real world problems and look for easy-to-implement solutions.

The class has two main facets. First, it will give you a broad overview of important results from various behavioral sciences that clarify how people make decisions. Second, it will provide you with advice about applying these findings to topics in marketing, management, and finance. Classroom time will be devoted to a combination of lectures, discussions, and exercises illustrating the main concepts.
Web Site Vergil
Department MARKETING
Enrollment 53 students (74 max) as of 9:06PM Friday, December 6, 2024
Subject Marketing
Number B8619
Section 001
Division School of Business
Open To Business, Engineering:Graduate, Journalism
Section key 20241MRKT8619B001