Scales
Empirical Research Methods
88-251
Event Announcement
What are Social and Decision Sciences Anyway?!
Friday, September 22 from 1:30-2:30 in Porter 223D
(the SDS Conference Room)
NEW Faculty Dire
Measurement I
Theory
Empirical Research Methods
88-251
9/5/2017
Today
Start Ethics Training
Types of Variables
Measurement
Validity
Reliability
CITI Ethics Course
Anyone who wants to be involved
Data, Probability, and Statistics I
Empirical Research Methods
88-251
Due Today
Project 1, Part 1: Please upload to Canvas
CITI certificates
Todays Topics
Define Statistics and Probability
Define
Fundamentals of Research
Empirical Research Methods
88-251
8/31/2017
Exercise 1
Exercise 1 is on Canvas (https:/canvas.cmu.edu/).
Please download and complete.
The assignment is due on Sept. 12th (
Introduction to Empirical
Research Methods
Empirical Research Methods
88-251
8/29/2017
Todays Class
Introductions
Syllabus
Lecture
CBDR Subject Pool
Introductions
Stephen Broomell
Social and Decisio
Data, Probability, and Statistics II
Empirical Research Methods
88-251
Todays Topics
Data Structures
Data Matrix
Data Displays
Computational Details
Correlations
Measuring Association
Reliabili
Measurement II
Practice
Empirical Research Methods
88-251
9/7/2017
Complete Survey
Dont forget to complete the survey by the end
of the day today
The survey link was sent out this morning as an
anno
Sampling
Empirical Research Methods
88-251
Todays Class
Sampling Methodology
Probability Sampling
Non-probability Sampling
Important Review Concepts
External Validity
Population
(Theory World)
Question Construction and
Survey Design
Empirical Research Methods
88-251
Class Assignments
Exercise 1 Due Now
Please make sure it is submitted to canvas.
Project 1
Groups assignments are posted o
8/31/2017
Heuristics & Biases
August 31, 2017
Readings:
Kahneman (2003)
Hafenbradle et al. (2016)
Vivian Yan & Mike Chen
What is a heuristic that you follow?
E.g., always order the special
Does this
9/4/2017
Research Question
Food
John et al. (2017) - Sophia Angel
Hidden Brain #33: Food for Thought
How can we use principles of behavioral
decision making to promote healthy eating?
Media presentati
8/28/2017
Learning Objectives
Behavioral Decision Making
Professor Gretchen Chapman
Tues & Tues 3:00 4:20 pm
Scaife 214
Identify and discuss intelligently the major areas of
research in the field of
9/13/2017
Hidden Brain #45: What are the odds?
Intuitive Statistics
September 14, 2017
Tversky & Kahneman (1971)
Gawande (1999)
Hidden Brain #45: What are the odds?
Media Presentations:
Matthew Kim, I
Julie Kim
88-223 Decision Analysis
Homework Assignment 6
28 March 2017 (Extended to 30 March with permission from Prof. Golman)
Problem 1
Which plan has the highest IRR?
The NPV for Plan 1 is 0. This
Julie Kim
88-223 Decision Analysis
Homework Assignment 4
21 February 2017
Problem 1
Under profits, it is best advised to consider the following alternatives:
Pessimism, or expecting the lowest outcom
Julie Kim
88-223 Decision Analysis
Homework Assignment 3
09 February 2017
Problem 1
6% Interest Rate
The balloon payment of $17,908.49 was calculated from a monthly payment of $790.85,
multiplied by t
Julie Kim
88-223 Decision Analysis
Homework Assignment 2
02 February 2017
A) Sylvie should choose the apartment on 5th Avenue, because it has the minimum net cost of
$1,297.50 (see figures).
B) The ot
1/23/2017
Trump Revives Ban on Foreign Aid to Health Groups if They Give Abortion Counseling - The New York Times
https:/nyti.ms/2kkuueB
WORLD
Trump Revives Ban on Foreign Aid to
Health Groups if They
Julie Kim
88-223 Decision Analysis
Homework Assignment 7
04 April 2017
Participant Results: Student A
Health States
Percentage of year in full
health equivalent to
guaranteed year in each
health state
Julie Kim
88-223 Decision Analysis
Homework Assignment 8
13 April 2017
Problem 1
Plan I:
A)
I can expect to go through 235 plays before going bankrupt.
The probability of ever having over $1000 in my
Problem 3
1) (C), Indoors
The expected value of holding the party outdoors is 68.
The expected value of holding on the porch is 58.
The expected value of holding the party indoors is 25.
Holding that
Lecture 3
Decision Analysis
Making Tradeoffs with Cost-Benefit
Analysis
1
Outline
When can we make decisions
with cost-benefit analysis?
Understanding the
Consequences:
Build a consequences table
G
Decision Analysis
Expected Utility
1
Why Maximize Expected
Value?
Recall Lecture 3 on making tradeoffs
with cost-benefit analysis
How do we analyze tradeoffs?
2
Why Maximize Expected
Value?
Recall Lec
Lecture 9
Decision Analysis
Decision Trees
Last updated: 1/6/2016
1
Administrative
Homework #4 due in a week
2
A Decision
Suppose Ive just found a nice bike on sale at REI
Its the best price I can fi
Lecture 7
Decision Analysis
Uncertainty
1
Administrative
Homework #3 due Thursday
2
Real decisions
What are you going to do this summer? Next year?
What should we do about the measles outbreak?
3
R
Lecture 12
Decision
Analysis
Expected Value of Imperfect Information
1
Imperfect Information
Last class, we discussed the basic
model for using Bayes Theorem to
solve decision problems under
imperfec
Lecture 5
Decision Analysis
Time value of money:
Managerial Accounting Applications
Last updated: 1/28/2015
1
Real world problems involving
intertemporal decision-making
Corporate finance / manageria
Lecture 10
Expected Value of Perfect
Information
EVPI
1
Athabasca oil sands
Alberta, Canada has a large amount of petroleum in what is known as oil
sands (or tar sands)
Keystone XL pipeline was prop