BUS 371 Judgement & Decision Making

An examination of the theoretical foundation of judgement, decision-making and choice in a variety of organizational contexts. Beyond the theoretical, this course provides practical strategies for changing one's decision-making processes and improving these processes so that they become part of permanent behavior. This class incorporates decision theory which is widely used in several disciplines and including psychology, economics, biology, finance, marketing, public policy and business. The aim is to give students a better understanding of the boundaries and barriers to rational decision making and how to strategically avoid common pitfalls. Understanding decision-making at this level gives the student an advantage in predicting interpersonal interaction.

Credits

3