Behavioral Aspects of Risk Management and Insurance

Quick Info: Summer Semester 2023 | Hauptseminar | Bachelor BWL | English | 6 ECTS | Successful participation qualifies for writing a bachelor thesis

Summary

Description

This seminar familiarizes participants with behavioral aspects of decision making under risk – especially in the context of insurance decisions. Classic economic theory will be contrasted with empirical and experimental findings from behavioral science and explanatory approaches based on alternative decision theories will be discussed.

Assignment & Grading

Students are assigned a topic according to their preference ordering, prepare a seminar paper (approx. 10-12 pages) on this topic, and give a 15-minute presentation of their paper. Presentations are followed by a 10-minute group discussion in which active participation is expected. Moreover, students are required to prepare a 5-minute peer-review presentation on one of the other participants’ seminar papers. Grading will be based on written (50%) as well as on oral (50%) contributions.

Tentative Schedule

The seminar will take place on the dates listed below. Rooms 312 and 314 are located on the third floor of Schackstr. 4, 80539 Munich. Attendance to all scheduled meetings of the course is mandatory.