Stanford Strategic Decision and Risk Management
Behavioral Challenges in Decision-Making (XSDR220)
Required Courses
Elective Courses
As human beings, we are prone to error. In this course, we introduce a framework for understanding how natural behavioral processes can produce biases, distortions, and mistakes in decision-making. We will demonstrate many of these phenomena firsthand through individual and class exercises. Topics will include:
Biases in perception
Fallacies in reasoning
Motivational biases
Personality differences
Group dynamics.
We will offer preventive measures and techniques that can help decision-makers avoid potential traps and pitfalls, improve individual decisions, and enrich group and organizational decisions.
Those who participate in strategic decision-making will find this program an excellent introduction to the decision-making problems and pitfalls inherent to human nature.
Stanford Center for Professional Development
496 Lomita Mall, Durand Building 3rd Floor, Stanford, CA 94305
(Phone) 866 234-3380 Toll-free or 510 857-4396 Outside the U.S. | SDRM_reg@scpdinfo.stanford.edu