This course examines how ethical decision-making unfolds at the intersection of law and psychology. Drawing on real-life legal casesand a host of classic psychological experiments, we explore how cognitive biases such as loss aversion, status quo bias, and framing effects can complicate even the most straightforward moral choices. You’ll explore how our natural tendency to focus on what is most salient in any given situation can skew risk assessments, and how motivated reasoning and self-serving biases may subtly warp our judgments, whether in the boardroom, the courtroom, or everyday life. Finally, we round out our investigation with practical tools—like decision matrices—that empower you to break down complex decisions into their component parts, ensuring that your choices not only reflect your core values but also withstand rigorous, objective scrutiny.

Money, Risk, and Ethics: The Psychology of Decision-Making

Money, Risk, and Ethics: The Psychology of Decision-Making

Instructor: Tess Wilkinson-Ryan
Access provided by ExxonMobil
Gain insight into a topic and learn the fundamentals.
Intermediate level
Some related experience required
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
Skills you'll gain
Tools you'll learn
Details to know

Shareable certificate
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Assessments
1 assignment
Taught in English
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There are 4 modules in this course
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