Advanced Seminar Economics, Policy & Econometrics: Decisions under Uncertainty from Description and from Experience

What it is about

You learn how people make decisions under risk and uncertainty and how information from descriptions compares to information from experience. By the end you can apply central models and experimental methods of behavioral economics and develop research ideas that transfer decisions from experience to concrete topic areas (e.g., investments, medicine, consumption).

What you will be able to do

• State-of-the-art concepts in decision making under risk/uncertainty
• Methodological knowledge from Behavioral and Experimental Economics
• Presentation skills
• Literature research and identification of research gaps
• Critical thinking and development of research ideas

What the module consists of

• SeminarIntroduction, group discussions, and thematic presentations; foundation for working on the seminar thesis
• GruppenarbeitPreparation and execution of a presentation; development and elaboration of the seminar thesis

Teaching method

• Literaturarbeitto develop the state of the research and identify research gaps
• Gruppenpräsentationento convey and discuss central findings to the group
• Seminardiskussionfor deeper understanding and critical engagement with the topics