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Courses
MG311 Foundations of Behavioural Decision Science
0.5

Availability

This course is available on the BSc in Management, BSc in Psychological and Behavioural Science, International Exchange (1 Term) and International Exchange (Full Year). This course is available as an outside option to students on other programmes where regulations permit and to General Course students. This course has a limited number of places (it is capped). Students who have this course as a compulsory course are guaranteed a place. Places for all other students are allocated on a first come first served basis.

Course Content

This course is available on the BSc in Management, BSc in Psychological and Behavioural Science, International Exchange (1 Term) and International Exchange (Full Year). This course is available as an outside option to students on other programmes where regulations permit and to General Course students. This course has a limited number of places (it is capped). Students who have this course as a compulsory course are guaranteed a place. Places for all other students are allocated on a first come first served basis.

Course Teaching

Teaching hours in the LT will be commensurate with a usual half unit undergraduate course but note that teaching may take a different format and/or structure in 2021/22. Students on this course will have a reading week in Week 6, in line with departmental policy.

Formative

1.? Analysing a real decision maker? Group Presentation (Week 10):? Over several weeks (both in and outside class), you will work as a group to analyse a real decision that you will select. In Week 10, you will be required to present a summary of this analysis in a timed group presentation. In this presentation, you will need to report on: 1) what is the key decision being investigated? 2) identify and explain the key judgements that your decision maker is making and what decision making factors (e.g. biases) are at play? and 3) discuss your suggested solution(s) for improving decision making. After the presentation you will receive feedback as a group. This feedback will help you prepare for the summative assessment. 2. Review of anonymous essays (Week 11): Students will play the role of the ?examiner? and using anonymous examples of summative assessments (submitted by students from a previous year) explore the different evaluation criteria which are used in this course. This exercise will help you improve your summative assessment.

Indicative

Bazerman, M. (2017) Judgment in Managerial Decision Making. New York: Wiley. 8th edition;Hastie, R., and Dawes, R.M.? (2001). Rational Choice in an Uncertain World. Sage Publications, Thousand Oaks;Kahneman, D. (2011) Thinking Fast and Slow. London: Allen Lane;Russo, J. E. & Schoemaker, P. J. H. (2002) Winning decisions: How to make the right decision the first time, Piatkus Publ. Limited.

Assessment

Coursework (100%, 3000 words) in the ST. Summative (due beginning of ST): The summative assessment will be a ?Report and Essay?.? It comprises two parts. Part 1:? An ?Analysing a Decision Maker? Report: In the first part (no more than 1000 words), you will be asked to write a report detailing the analysis of a decision maker that you completed during the term. You will need to report on: 1) what is the key decision being investigated? 2) identify and explain the key judgements that your decision maker is making and what decision making factors (e.g. biases); and 3) discuss your suggested solution(s) for improving decision making. Part 2:? In-depth Scholarly Essay: In the second part of the coursework (no more than 2000 words), you will choose a topic from within MG311, which you as a developing scholar has found interesting or important and write your in-depth essay on it.? This essay should be done in a scholarly and rigorous manner making reference to behavioural literature, theories and concepts. The first part of the report will count for 50% of your mark while 50% will come from the second part.? You will be required to provide full essay-style referencing. Although the first part of the summative assignment will involve you reporting on the ?analysing a decision maker? task conducted with your group, all students will write both parts of the summative essays on their own and will receive an individual mark.

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