PS32060: Judgment and decision making
[Page last updated: 22 April 2025]
| Academic Year: | 2025/26 |
| Owning Department/School: | Department of Psychology |
| Credits: | 5 [equivalent to 10 CATS credits] |
| Notional Study Hours: | 100 |
| Level: | Honours (FHEQ level 6) |
| Period: |
- Semester 2
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| Assessment Summary: | CWES 100% |
| Assessment Detail: | |
| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
Before taking this module you must ( take PS22007 OR take PS20167 ) AND ( take PS22008 OR take PS20168 )
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| Learning Outcomes: |
- Critically evaluate theories of judgement and decision making
- Critically evaluate psychological mechanisms involved in decision-making
- Apply psychological theories and decision-making models to real-world scenarios
- Critically evaluate the impact of individual-level versus systemic-level decision-making interventions in addressing solve important social, political and economic problems
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| Synopsis: | In this unit, you will explore theories, models, experiments on how individuals make judgments, and decisions. You will focus on the understanding the psychological mechanisms involved in decision-making. You will cover expected utility theory and prospect theory, while also addressing recent advancements in Bayesian models, reinforcement learning and models of heuristics. Throughout the course, you will apply psychological theories and decision-making models to real world scenarios with a focus on important topics such as climate change, health, and finance
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| Content: | The unit will examine how empirical and theoretical work in psychological science contributes to
understanding of
topics such as:
- Stages of Decision-Making
- Probability Judgments: Heuristics and Biases
- Understanding Preferences: Context and Framing Effects
- Decisions from Experience: Rare and Extreme Outcomes in Choice
- Cognitive Processes in Decision-Making: Learning and Memory
- Emotions and Decision-Making
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| Skills: | Knowledge and Understanding
- Understand the scientific underpinnings of psychology as a discipline, its historical origins, development and limitations, with an emphasis on applying psychology to real world problems.
- Demonstrate a systematic knowledge and critical understanding of a range of influences on psychological functioning, how they are conceptualised across the core areas of psychology and how they interrelate.
- Demonstrate a detailed and a critical knowledge of several cutting edge and state of the art specialised areas of psychology and their applications
Intellectual Skills
- Reason scientifically, understand the role of evidence and make critical judgements about arguments in psychology.
Professional and Transferable Skills
- Communicate complex information effectively using appropriate written, oral, graphical and electronic means, taking into account a diverse and varied audience
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| Aims: | To examine current theories of the psychology of judgement and decision making.
To apply psychological theories of judgement and decision making to real-world scenarios
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| Course availability: |
PS32060 is Optional on the following courses:
Department of Psychology
- UHPS-AFB10 : BSc(Hons) Psychology (Year 3)
- UHPS-AKB03 : BSc(Hons) Psychology with Year long work placement (Year 4)
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Notes: - This unit catalogue is applicable for the 2025/26 academic year only. Students continuing their studies into 2026/27 and beyond should not assume that this unit will be available in future years in the format displayed here for 2025/26.
- 好色tv and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
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