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H205: Rational Decision Making

 

Reading Assignments for Unit 1: Rational Decision Theory

Week #1: Sept. 1
Lecture 1 Notes
Lecture 2 Notes  
Outline for Lecture 1
Outline for Lecture 2
Study: Giere, Chapter 9 on e-reserve and Jeffrey, Deliberation also on e-reserve

Week #2: Sept. 8
Lecture 3 Notes
Outline for Lecture 3 (easy to print but does not contain diagrams)
Study: Giere, Chapter 10 on e-reserve
Read: Plous (your textbook), Chapter 7 and Resnick, Intro on e-reserve Week #3: Sept 15
Lecture 4 Notes Outline for Lecture 4 (missing the diagram) plus Misc additions Lecture 5 Notes Outline for Lecture 5 (missing the diagram) plus Misc additions
Read: Plous, Chapter 8. (Some of this material will be discussed extensively in class.) Read: Resnick, Utility Paradoxes on on e-reserve (Note that pages are not in order!) Week #4: Sept 22
Check: Solutions to Homework #2 and Homework #3 Prepare: A note card ("crib sheet") to bring into the exam on Thursday. (A blank 4 x 6 card will be handed out in class on Tuesday.)
 Exam #1 on Thursday, Sept 24

Assignments for Unit 2: Behavioral Decision Theory

Week #5: Sept 29
Study (i.e., master!): Plous, Chapters 5 & 6. 
Read Bazerman, Framing/Certainty on e-reserve
Review: Lecture 6 Notes
Outline for Lecture 6 (there are no diagrams this time)
Review: Lecture 7 Notes 
Outline for Lecture 7 (diagrams missing but most are in Plous)

Week #6: Oct 6
Study: Plous, Chapters 9,10 and 11.
Read Baron, Prospect Theory on e-reserve
Read: "Exuberance Is Rational," New York Times (February 11, 2001).
Review: Lecture 8 Notes
Outline for Lecture 8
Review: Lecture 9 Notes
Outline for Lecture 9

Week #7: Oct 13
Study: Plous, Chapters 12, 13, 14.
Look at pp. 47-50 of Resnick, Probability on e-reserve. Check out Web site on Regression to the Mean
Review: Lecture 10 Notes
Outline for Lecture 10  
Review: Lecture 11 Notes 
Outline for Lecture 11

Week #8: Oct 20
Prepare: A note card ("crib sheet") to bring into the exam on Thursday.
(A blank 4 x 6 card will be handed out in class.)
 
Overview of the Reading Assignments for Unit #2
Solutions to Problems on Prospect Theory 
Solutions to Problems on Estimating Probabilities (including Extra Credit)
Read Tversky article on e-reserve
Solutions to Extra Credit
Exam #2 on Thursday, October 22
 

Assignments for Unit 3: Values, Individual and Social

Week #9: Oct 27
Study: Kohlberg, "The Child as Moral Philosopher," a popular presentation published in Psychology Today.
Read: A psychology textbook account of Kohlberg's theory and its relation to Piaget's theory. Read quickly this description of Gilligan's critique of Kohlberg Reading: "The Theological Implications of Kohlberg's Theory" (just the first part, not the extended examples of Biblical exegesis). Review: Lecture 12 Notes Outline for Lecture 12 Lecture 13 Notes (voting) Outline for Lecture 13 Week #10: Nov 3 Read: Volokh blog (dated 2006) Read: "Is It Rational to Vote?" Study: "How Inexorable is the Tragedy of the Commons?" Read Resnik, Prisonner's Dilemma on e-reserve Review: Lecture 14 Notes Outline for Lecture 14 Review: Lecture 15 Notes Outline for Lecture 15 Week #11: Nov 10 Study: Overview of Unit III Study: "Born to Trade" Read: "Biological Altruism" Study: The section of the above reading dealing with the Prisoner's Dilemma Read: "The Artifice of Giving" Review: Lecture 16 Notes Outline for Lecture 16 Review: Lecture 17 Notes Outline for Lecture 17 Week #12: Nov 17 Study: Review Questions for Exam #3 and More Review Questions Review: Solutions to Problems on PD and Solutions to Problems on Responses to PD

Exam #3 on Thursday, November 19

Assignments for Unit 4: Broader Issues

Week #13:  Nov 24 Topic: Sunk Costs
Study: Dawes, Chapter 2
Read quickly Baron, "Mental Accounting" on e-reserve However, study carefully the little section on Sunk Costs. Review: Lecture 20 Notes Outline for Lecture 20 Week #14: Dec 1 Study: Introduction to Unit IV Study Plous, Chapter 19 Read quickly Plous, Chapter 21 Review: Lecture 18 Notes Outline for Lecture 18 Review: Lecture 19 Notes Outline for Lecture 19 Week #15: Dec 8th Review: Lecture 21 Notes Outline for Lecture 21 Review: Lecture 22 Notes Outline for Lecture 22 Solutions to Sunk Cost Problems Solutions to Cost/Value of Info Problems Solutions to Calibration/False Positive Problems Study: Review Questions for Unit IV
Exam #4 on Thursday, Dec 17th at 12:30 pm

The "final" exam will emphasize Unit #4 and should take you no more time than previous tests. However, you should NOT arrive late for the exam. The exam will be in our regular classroom.

As usual, you may bring in notes on a 4X6 index card.