CHOICE LABORATORY

How can we improve our decisions?
Choosing well is not easy, especially in presence of a multiplicity of actors and conflicting interests.
In Choice Laboratory some simple real-world decision support systems are presented, the mechanisms influencing the decision-making processes are analyzed, some cases that relate to both individual choices and collective or social ones are considered, the relationships between choices and their consequences in certain and uncertain contexts are investigated.
Finally, case studies and applications will be presented, also through the use of software tools.

1. Knowledge and understanding:
1.1. technically knowing the methods presented in the course;
1.2. being able to use such methods.

2. Ability to apply knowledge and understanding:
2.1. applying the appropriate methodes for solving simple choice problems;
2.2. performing the necessary analises also through software tools.

3. Judgement skill:
3.1. interpreting the results coming from the performed analyses;
3.2. understanding pros and cons of the methods learned.

No requirements are requested.

Contents
- Preferences representation.
- Individual choices.
- Collective choices.
- Choices under conditions of uncertainty or risk.
- Case studies and applications.

Teaching materials available at the web page of the e-learning platform Moodle.

Grading is based on the evaluation of two final projects. The student has to apply one or more methodologies learned during the course.

The course is articulated into:
a) lectures;
b) individual study.
Students are strongly encouraged to actively attend classes.

Italian

oral