Seminar in Judgment and Decision Making

Psychology/PPE 453: Seminar in Judgments and Decisions

Profs. Jonathan Baron and Barbara Mellers

This is a seminar course in which students will read articles and take turns presenting them and adding personal ideas to the papers while discussing them with the class. It will count as a capstone for PPE (Philosophy, Politics and Economics) students, and it is open to graduate students as well as undergrads. Over the course of the seminar, students will develop research proposals. In the last two weeks, students will present their proposals to the class.

The topics are somewhat flexible, depending on interests of the class. But most will involve recent literature in the psychology of judgments and decisions, behavioral law and economics, and a bit of experimental philosophy. We will discuss the supposed conflict between intuitive and deliberative judgment and the notion that emotions are largely intuitive. Additional papers will include applications of behavioral decision theory to moral judgment, political judgment, and legal judgment such as criminal sentencing and tort penalties. Finally, we will discuss another form of human judgment - forecasts of future events, including economic, political, and personal outcomes. Numerous errors and biases impair our ability to make good predictions, and we will discuss ways to mitigate biases.

Email: Jonathan Baron (baron@psych.upenn.edu) and Barbara Mellers (mellers@wharton.upenn.edu)

Offices: Jonathan Baron C7 Solomon and Barbara Mellers C1 Solomon

Course Time and Location: Tuesdays and Thursdays, 1:30 pm to 3:00 pm. Solomon B35 until March 8, then B50.

Prerequistes: There are no prerequisites, but students should be able to understand the style of psychology journal articles, without regarding expressions such as "t(59)=2.96, p=.02" as spots on the page.

Objectives

The goals of this course are to 1) familiarize you with theories and findings in judgment and decision making that will help you to understand these psychological processes, 2) develop critical thinking skills, 3) demystify tools, methods, and techniques commonly used to investigate judgment and decision making, and 4) to give you an opportunity to develop an original, creative research proposal based on your understanding of the field.

In each class, we will discuss three to four articles, as well as background articles and chapters that you might want to know but may read at a later date. Everyone attending the class should read all of the papers before class. Please submit two brief questions at least an hour before the class. Use the class mailing list for this.

Each reading will be assigned to a student who will be responsible for presenting no more than a 5 minute summary of the paper and at least 5 minutes of personal thoughts. When you are responsible for a paper, make sure to think critically about the stated objective and positioning of the research, the conceptual framework and hypotheses, the methodology, the results, the actual contribution and opportunities for further research in that area.

Finally, each student will be expected to prepare (1) a critique of an assigned paper, (2) a research proposal, (3) a research paper, (4) comments on two student proposals, and (5) 10 minute class presentations, with 5 additional minutes for Q and A.

Assignments

1. Class Participation. Students are required to read all papers scheduled for each class. Class participation means careful preparation for each session and active engagement in class discussions. The quality of the seminar depends on your ability to engage in actively open-minded discussion. Think of discussion as a public good—you often enjoy the contributions of others, and they should derive similar benefits from you. If you don’t contribute, you will suffer, and your classmates will probably suffer too. As you review each reading, you might want to consider ask yourself: Is this case solid? What are the theoretical assumptions? What is the evidence? How good is the evidence? If you are not persuaded, be ready to explain why. Think about what it would take to convince you. If you are persuaded by the main arguments, be prepared to defend them. What are possible boundary conditions? What are some possible applications? Who would care the most about the findings? 25%

2. Critique of an Assigned Reading. You are required to select one of the assigned readings and critique it. You can do this with a paper you are presenting. Please turn in a paper (2 page minimum, 4 page maximum) that discusses what is right and what is wrong with the article. Think about the hypothesis, the logic, the experimental design, or any other aspect of the paper. Also, think about possible solutions for improving the paper. You will be asked to present your critique when we discuss that paper. You’ll have 5 minutes to present your critique (and discussion can last as long as necessary). 10%

3. Proposal, You are required to develop a creative research idea. It doesn’t have to be a finished product. You can use the class to get feedback. Please turn in a paper (2 page minimum, 4 page maximum) that presents your ideas. I also want you to present your ideas in class. We’ll pick a day. All presentations will be approximately half way through the semester. Your presentation should be about 5 to 10 minutes (and discussion can last as long as necessary). 10%.

4. Critiques and Comments of Two Student Proposals. You will have the opportunity to sign up to give comments on the research proposals of two students in the class. Email your comments to each person and cc us when you do.

5. Research Paper due close to the end of the semester – before class presentations of your ideas. The paper could build on your proposal, but this is not necessary. You presentation will be a brief outline of your paper. This paper should be based on an in-depth reading in your selected area and should go beyond papers discussed in class. You should include 1) a statement of the issue and why it merits being researched, 2) an integrative review of the relevant literature indicating how your research will extend this literature, 3) a statement about the concepts, relationships, and assumptions involved (Hypotheses), 4) a statement about concepts that will be operationalized (i.e., measured or manipulated), 5) a description and justification of the research method, sample, and setting, 6) a description of the procedure (i.e., sequence of events), 7) a description of the measurement approach including tests for reliability and validity. Include questionnaires as appendices, 8) a discussion of the proposed (or actual) data analyses to test each hypothesis including your predictions, and 9) a general discussion section detailing contributions and limitations of this research and possible areas for future research. It should be at least 15 pages and not exceed 20 pages. 50%

READINGS. Links will appear in due course. This will be revised, so make sure to re-load. Articles in parentheses are background reading for the presenter, not required.

Comments in docx format: Jan 17, Jan 19, Jan 31 Feb 2, Feb 7, Feb 21, Feb 23


TWO-SYSTEMS: INTUITION VS. DELIBERATION

Week 1: Thursday, Jan 12th

Thinking, Fast and Slow, by D. Kahneman, Chapters 1-3


Week 2: Tuesday, Jan 17th

Evans, J., St.B. T. (2003). In two minds: dual-process accounts of reasoning. Trends in Cognitive Science, 7, 454-459
Jon Baron

Frederick, S. (2005). Journal of Economic Perspectives, 19, 25–42.
Matthew Lazarus

Greene, J. D., Sommerville, R. B., Nystrom, L. E., Darley, J. M., & Cohen, J. D. (2001). An fMRI investigation of emotional engagement in moral Judgment. Science, 293, 2105–2108.
ditto

(Kahane, G. & Shackel, N. (2010) Methodological Problems in the Neuroscience of Moral Judgment, Mind and Language, 25(5) 561-582.)

McGuire, J., Langdon, R., Coltheart, M., & Mackenzie, C. (2009). A reanalysis of the personal/impersonal distinction in moral psychology research. Journal of Experimental Social Psychology, 45, 577-580.
Evan Carr


Week 2: Thursday, Jan 19th

Greene, J.D. (2009) Dual-process morality and the personal/impersonal distinction: A reply to McGuire, Langdon, Coltheart, and Mackenzie. Journal of Experimental Social Psychology, 45 581–584.
Alex Vigderman

Paxton, J. M., Ungar, L., Greene, J. D., (2011) Reflection and reasoning in moral judgment. Cognitive Science.
Brett Neustadt


Week 3: Tuesday, Jan 24th

(Moore, A. B., Lee, N. Y. L., Clark, B. A. M., & Conway, A. R. A. (2011). In defense of the personal/impersonal distinction in moral psychology research: Cross-cultural validation of the dual process model of moral judgment. Judgment and Decision Making, 6, 186–195.) (html)
Baron

Nichols, S., & Mallon, R. (2006). Moral dilemmas and moral rules. Cognition, 100, 530-542.
Mark Kaltenbach


MORAL HEURISTICS AND WHO USES THEM

Week 3: Thursday, Jan 26th

Sunstein, C. R. (2005). Moral heuristics (with commentary). Behavioral and Brain Sciences, 28, 531–573. here
Benjamin Frank

Greene, J. D. (2007). The secret joke of Kant’s soul. in W. Sinnott-Armstrong, Ed., Moral psychology, Vol. 3: The neuroscience of morality: Emotion, disease, and development, pp. 36–79. MIT Press, Cambridge, MA.
Jeffrey Chen


Week 4: Tuesday, Jan 31st

Bartels, D. M. (2008). Principled moral sentiment and the flexibility of moral judgment and decision making. Cognition, 108, 381-417.
Davielle Brown

Bartels, D. M. & Pizarro, D. A. (2011). The mismeasure of morals: Antisocial personality traits predict utilitarian responses to moral dilemmas. Cognition, 108, 381-417.
Jonathan Sinnott


Week 4: Thursday, Feb 2nd

Slovic, P. (2007). "If I look at the mass I will never act": Psychic numbing and genocide. Judgment and Decision Making, 2, 79-95. (html)

Baron, J. (1997). Confusion of relative and absolute risk in valuation. Journal of Risk and Uncertainty, 14, 301-309.
Burcu Gurcay


DISTRIBUTIONAL FAIRNESS AND POLITICAL JUDGMENT

Week 5: Tuesday, Feb 7th

Mitchell, G., Tetlock, P. E., Newman, D. G., & Lerner, J. S. (2003). Experiments behind the veil: Structural influences on judgments of social justice. Political Psychology, 24, 519 - 547
Ashleigh Taylor

Ordonez, L., & Mellers, B. (1993). Tradeoffs in fairness and preference judgments. In In Mellers, B.A. and Baron, J. (Eds.) Psychological Perspectives on Justice: Theory and Applications. New York: Cambridge University Press. - follow up to Mitchell et al that examines tradeoffs between different definitions of equality and efficiency in hypothetical societies.
Miranda Luna

Mitchell, G., Tetlock, P., Mellers, B., & Ordonez, L. (1993). Judgments of Social Justice: Compromises Between Equality and Efficiency. Journal of Personality and Social Psychology, 65, 629-639. - experimental investigation of fair tradeoffs between equality and efficiency in hypothetical societies.
Benjamin Frank


Week 5: Thursday, Feb 9th

Hacker, J. S. & Pierson, P. (2010). Winner-Take-All politics: Public policy, political organization, and the precipitous rise of top incomes in the United States. Politics & Society, 38, 152-204. - In depth look at the rise of income inequality in the US over the past decade. Mechanisms are discussed, with an emphasis on organized interests of players at the top who and how their behavior is shaped by the organizational efforts of private interests.
Mark Kaltenbach, Jonthan Sinnott, Jeffrey Chen


Week 6: Tuesday, Feb 14th

Norton, M., & Ariely, D. (2011). Building a better America - One wealth quintile at a time. Perspectives on Psychological Science, 6, 9 - 12. - Search for the optimal level of wealth inequality in American society. Liberals and conservatives wanted greater equality across individual levels of wealth.
Miranda Luna

Levin, Y. Beyond the welfare state - Untenable social democratic policies must change. How? Reflections from a conservative perspective.
Davielle Brown

Cowen, T. The inequality that matters - A focus on the reasons behind the success of the top 1%.
Evan Carr


Week 6: Thursday, Feb 16th

TAX

Diamond, P., & Saez, E. (2011). The case for a progressive tax: From basic research to policy recommendations. Journal of Economic Perspectives.
Miranda Luna

McCaffery, E. M., & Hines, J. R. Jr. (). The last best hope for progressivity in tax.
Ashleigh Taylor, with help from JB


Week 7: Tuesday, Feb 21st

McCaffery, E. J., & Baron J. (2005). The political psychology of redistribution. UCLA Law Review, 52, 1745–1792.
Janice Jung

McCaffery & Baron, Isolation effects and the neglect of indirect effects of fiscal policies
Burcu Gurcay


Week 7: Thursday, Feb 23rd

Hardisty, D. J., Johnson, E. J., & Weber, E. U. (2010). A dirty word or a dirty world? Attribute framing, political affiliation, and query theory. Psychological Science, 21(1), 86-92. - When carbon taxes are reframed as offsets, Republicans are more likely to support them.
Janice Jung

Sussman, Abby and Olivola, Christopher Y (2011). Axe the Tax: Taxes are Disliked More than Equivalent Costs. Journal of Marketing Research
Ben Frank


CRIME AND PUNISHMENT

Week 8: Tuesday, Feb 28th

Shavell: Economic Analysis of Public Law Enforcement and Criminal Law, chs. 20, 21 (sections 1-3), and chs. 23, 24.
Miranda Luna

Paul H. Robinson and John Darley (2004). Does criminal law deter?
Brett Neustadt

Robinson et al. The disutility of injustice
Janice Jung


Week 8: Thursday, Mar 1st

Raymond Fisman and Edward Miguel. (2007). Corruption, norms, and legal enforcement: Evidence from diplomatic parking tickets. Journal of Political Economy, 115, 1020-1048.
Ashleigh Taylor

Croson, R., & Konow, J. (2009). Social preferences and moral biases. Journal of Economic Behavior and Organization, 69, 201-212.
Benjamin Frank

SPRING BREAK: Mar 3rd – 11th


Week 9: Tuesday, Mar 13th, Research Proposals Due

We also begin brief presentations of proposals 3-4 per week.

Diamond, J. Vengeance is ours. New Yorker.
Mark Kaltenbach

Baron, J., & Ritov, I. (2009). The role of probability of detection in judgments of punishment. Journal of Legal Analysis, 2, 553-590.
Burcu Gurcay


Week 9: Thursday, Mar 15th

Greene, J. D. , Cohen J. D. (2004) For the law, neuroscience changes nothing and everything. Philosophical Transactions of the Royal Society of London B, (Special Issue on Law and the Brain), 359, 1775-17785.
Brett Neustadt

Sunstein, C. R. (2005) Is capital punishment morally required?
Jeffrey Chen


Week 10: Tuesday, Mar 20

Donahue, J. J. III, & Wolfers, J. (2006). Uses and abuses of empirical evidence in the death penalty debate
Burcu Gurcay

GLOBAL WARMING

Weber, E. (2006). Experienced- Based and Description-Based Perceptions of Long Term Risk: Why Global Warming Does Not Scare us (Yet). Climatic Change.
Davielle Brown


Week 10: Thursday, Mar 22th

Sunstein, C. (2006). Precautions against what? The availability heuristic, Intuitive Cost-Benefit Analysis, and Climate Change. Climatic Change.
Burcu Gurcay

Kahan, D., et al. (2010). The tragedy of the risk-perception commons.
Jonathan Sinnott


MAKING INDIVIDUAL FORECASTS

Week 11: Tuesday, Mar 27th

Evans, J. St. B. T. (1982). Psychological pitfalls in forecasting. Futures.
Mark Kaltenbach

Kahneman, D., & Lovallo, D. (2003). Delusions of success. Harvard Business Review
Brett Neustadt


Week 11: Thursday, Mar 29th

Lawrence, M, Goodwin, P. O’Connor, M., Onkal, D. (2006). Judgmental forecasting: A review of progress over the last 25years, International Journal of Forecasting 22 ,493 - 518
Jonathan Sinnott


MAKING GROUP FORECASTS

Week 12: Tuesday, Apr 3th

Surowiecki, J. (2004). The wisdom of crowds. Doubleday, New York, NY. Pp 3- 142: ch 1-4, ch 5-6.
Janice Jung and Matthew Lazarus


Week 12: Thursday, Apr 5rd

Surowiecki, J. (2004). The wisdom of crowds. Doubleday, New York, NY. Pp 145-272: ch 5-6, ch 10-12.
Miranda Luna and Davielle Brown


Week 13: Tuesday, Apr 10th (Research papers due?)

Wolfers, J. & Zitzewitz, E. (2004). Prediction markets
Jeffrey Chen

Berg, J., Forsythe, R., Nelson, F., & Rietz, T. (2003). Results from a Dozen Years of Election Futures Markets Research.
Evan Carr


Week 13: Thursday, Apr 12th Student Presentations


Week 14: Tuesday, Apr 17th Student Presentations


Week 14: Thursday, Apr 19th Student Presentations


Week 15: Tuesday, Apr 24th Student Presentations