88-315 Entrepreneurial Decision Making

9 units, Carnegie Mellon University

This course is focused on application of social and psychological research and theory to entrepreneurship. Some of the decisions that entrepreneurs make seem to show a pattern of being less than optimal from an economic perspective. In this course, we examine how suboptimal choice and judgment by entrepreneurs result in anomalies that are commonly observed in decisions of entrepreneurs. We discuss economic, organizational, and personal consequences of such entrepreneurial decisions, methods to improve entrepreneurial decisions when possible, and implications for policy.

Prerequisites: 36-201

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