PS918: Psychological Models of Choice (2022/23)
Module Code: |
PS918 |
Module Name: |
Psychological Models of Choice |
Module Credits (CATS): |
10 (ESRC-only), 15 |
Module Convener |
Emmanouil Konstantinidis |
Module Teachers |
Emmanouil Konstantinidis |
Module Aims The main aim of this module Psychological Models of Choice is to review theories of individual choice. Core empirical results in the decision-making literature will be reviewed and their theoretical implications explored. The module will cover the major theories of choice, with emphasis upon choices involving risk and time. Secondary aims include developing criticisms of methodologies, the ability to implement mathematical models of decision making, and appreciation of the strengths and weaknesses of different theoretical approaches. |
Learning Outcomes |
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By the end of the module, students should be able to:
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Assessed by:
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Module Work Load |
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Module Length |
9 weeks |
Lectures |
9 lectures of 2 hours each |
Practical classes |
5 practical classes of 2 hours each |
Attendance |
Attendance at lectures and practical classes is compulsory |
Module Assessment - 10 CAT version (ESRC-only) |
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Assessed work: Modelling assignment – involving programming a computational model of choice, applying the model to data, and writing a 2000-word report |
Weighting: 50% |
Exams: Class Test 1 – short- and medium-length answers Class Test 2 – short- and medium-length answers Class Test 3 – short- and medium-length answers |
Weighting: 16% 17% 17% |
Module Assessment - 15 CAT version |
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Assessed work: Modelling assignment – involving programming a computational model of choice, applying the model to data, and writing a 2500-word report |
Weighting: 55% |
Exams: Class Test 1 – short- and medium-length answers Class Test 2 – short- and medium-length answers Class Test 3 – short- and medium-length answers |
Weighting: 15% 15% 15% |
Module Programme |
Topics covered on the course will likely include:
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Module Reading List |
Ariely, D. (2008). Predictably irrational. The hidden forces that shape our decisions. New York: Harper. Baron, S. (2008). Thinking and deciding (4th ed.). Cambridge, England: Cambridge University Press. Busemeyer, J. R., & Townsend, J. T. (1993). Decision field theory: A dynamic-cognitive approach to decision making in an uncertain environment. Psychological Review, 100, 432–459. Kahneman, D. (2011). Thinking, fast and slow. New York: Macmillan. Kahneman, D., & Tversky, A. (2000). Choices, values and frames. New York: Cambridge University Press & the Russell Sage Foundation. Lichtenstein, S. & Slovic, P. (2006). The construction of preference. Cambridge, UK: Cambridge University Press. Newell, B. R., Lagnado, D. A., & Shanks, D. R. (2007). Straight choices: The psychology of decision making. Hove, UK: Psychology Press. |