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1 - 2 of 2 results for: THINK 50

LAW 333: Judgment and Decision-Making

Theories and research on heuristics and biases in human inference, judgment, and decision making. Experimental and theoretical work in prospect theory emphasizing loss and risk aversion. Challenges that psychology offers to the rationalist expected utility model; attempts to meet this challenge through integration with modern behavioral economics. Decision-making biases and phenomena of special relevance to public policy, such as group polarization, group think, and collective action. Special Instructions: This course is part of the Master in Public Policy (MPP) Core Curriculum. Instructors in the MPP core curriculum will assume that students are familiar with calculus, intermediate undergraduate microeconomics, and introductory statistics and probability. Ideally, student preparation will equal or exceed the material covered currently at Stanford in Math 41, Econ 1 102A or Stat 60, and Economics 50. Writing (W) credit is for 3Ls only. Elements used in grading: Class participation, midterm exam, and final paper. This course is cross-listed with School of Humanities & Sciences (Cross-listed as PUBLPOL 305A and IPS 207A).
Terms: Spr | Units: 4 | Grading: Law Honors/Pass/Restrd Cr/Fail
Instructors: Brest, P. (PI)

STRAMGT 110Q: Making Sense of Strategy

Get the strategy right, and the chance for success is great. Nowhere is this more evident than in today's world of major challenges. Strategy is at the heart of problem solving and achieving objectives, yet few people can define strategy, much less understand how to conceptualize, design, and execute effective strategies that yield the best outcomes.This course will meet once a week to focus on interesting and engaging case studies, each of which illustrates a key ingredient of strategy. Some are well-known historical events, while others are less obvious, but all have a strategic lesson to share. They are quite diverse, from the planning of a high-risk rescue in the Colorado Rockies, to a product crisis in a Fortune 50 company, to a little-known failed military mission of WWII, to a commercial airline disaster. The ability to think through challenging and varied scenarios is both instructive and mind-stretching. There will be some pre-reading on each case study and there may be a field trip for students to put their lessons into practice. The course is designed to be highly interactive; all to enable students to unravel the mystery and power of strategic thinking. Students will also have the opportunity to select and analyze a case reflecting interests of their own. This course can help students not only prepare for a career in a range of fields, but also as they meet the challenges of their current coursework. Problem-solving skills are central in every walk of life; this seminar can help students build a stronger foundation for sound decision-making.
Terms: Win | Units: 3 | Grading: Letter (ABCD/NP)
Instructors: Demarest, D. (PI)
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