Autumn Semester 2020 takes place in a mixed form of online and classroom teaching.
Please read the published information on the individual courses carefully.

Christoph Hölscher: Catalogue data in Spring Semester 2020

Name Prof. Dr. Christoph Hölscher
FieldCognitive Science
Address
Chair of Cognitive Science
ETH Zürich, RZ E 23
Clausiusstrasse 59
8092 Zürich
SWITZERLAND
Telephone+41 44 632 31 96
E-mailchoelsch@ethz.ch
DepartmentHumanities, Social and Political Sciences
RelationshipFull Professor

NumberTitleECTSHoursLecturers
851-0252-01LHuman-Computer Interaction: Cognition and Usability Restricted registration - show details
Number of participants limited to 30.

Particularly suitable for students of D-ITET
3 credits2SC. Hölscher, I. Barisic, H. Zhao
AbstractThis seminar introduces theory and methods in human-computer interaction and usability. Cognitive Science provides a theoretical framework for designing user interfaces as well as a range of methods for assessing usability (user testing, cognitive walkthrough, GOMS). The seminar will provide an opportunity to experience some of the methods in applied group projects.
ObjectiveThis seminar will introduce key topics, theories and methodology in human-computer interaction (HCI) and usability. Presentations will cover the basics of human-computer interaction and selected topics like mobile interaction, adaptive systems, human error and attention. A focus of the seminar will be on getting to know evaluation techniques in HCI. Students will work in groups and will first familiarize themselves with a select usability evaluation method (e.g. user testing, GOMS, task analysis, heuristic evaluation, questionnaires or Cognitive Walkthrough). They will then apply the methods to a human-computer interaction setting (e.g. an existing software or hardware interface) and present the method as well as their procedure and results to the plenary. Active participation is vital for the success of the seminar, and students are expected to contribute to presentations of foundational themes, methods and results of their chosen group project. In order to obtain course credit a written essay / report will be required (details to be specified in the introductory session of the course).
851-0252-04LBehavioral Studies Colloquium Information 0 credits2KC. Stadtfeld, U. Brandes, H.‑D. Daniel, T. Elmer, C. Hölscher, M. Kapur, R. Schubert, E. Stern
AbstractThis colloquium offers an opportunity for students to discuss their ongoing research and scientific ideas in the behavioral sciences, both at the micro- and macro-levels of cognitive, behavioral and social science. It also offers an opportunity for students from other disciplines to discuss their research ideas in relation to behavioral science. The colloquium also features invited research talks.
ObjectiveStudents know and can apply autonomously up-to-date investigation methods and techniques in the behavioral sciences. They achieve the ability to develop their own ideas in the field and to communicate their ideas in oral presentations and in written papers. The credits will be obtained by a written report of approximately 10 pages.
ContentThis colloquium offers an opportunity for students to discuss their ongoing research and scientific ideas in the behavioral sciences, both at the micro- and macro-levels of cognitive, behavioral and social science. It also offers an opportunity for students from other disciplines to discuss their ideas in so far as they have some relation to behavioral science. The possible research areas are wide and may include theoretical as well as empirical approaches in Social Psychology and Research on Higher Education, Sociology, Modeling and Simulation in Sociology, Decision Theory and Behavioral Game Theory, Economics, Research on Learning and Instruction, Cognitive Psychology and Cognitive Science. Ideally the students (from Bachelor, Master, Ph.D. and Post-Doc programs) have started to start work on their thesis or on any other term paper.
Course credit can be obtained either based on a talk in the colloquium plus a written essay, or by writing an essay about a topic related to one of the other talks in the course. Students interested in giving a talk should contact the course organizers (Ziegler, Kapur) before the first session of the semester. Priority will be given to advanced / doctoral students for oral presentations. The course credits will be obtained by a written report of approximately 10 pages. The colloquium also serves as a venue for invited talks by researchers from other universities and institutions related to behavioral and social sciences.
851-0252-05LResearch Seminar Cognitive Science Restricted registration - show details
Prerequisite: Participants should be involved in research in the cognitive science group.
2 credits2SC. Hölscher, S. Andraszewicz
AbstractThe colloquium provides a forum for researchers and graduate students in cognitive science to present/discuss their ongoing projects as well as jointly discuss current publications in cognitive science and related fields. A subset of the sessions will include invited external visitors presenting their research. Participants of this colloquium are expected to be involved in active research group.
ObjectiveGraduate student train and improve their presentation skills based on their own project ideas, all participants stay informed on current trends in the field and have the opportunity for networking with invited scholars.
851-0252-08LEvidence-Based Design: Methods and Tools For Evaluating Architectural Design Restricted registration - show details
Number of participants limited to 40

Particularly suitable for students of D-ARCH
3 credits2SM. Gath Morad, B. Emo Nax, C. Hölscher
AbstractStudents are taught a variety of evaluation methods to assess architectural design from the perspective of potential occupants. Students are given a theoretical background on evaluation in architecture as well as practical knowledge on evaluation methods such as virtual reality, agent-based simulations and space syntax analysis. This is a project-oriented course tailored for architecture students.
ObjectiveThe course aims to teach students how to evaluate architectural design projects from the perspective of potential occupants. The concept of evidence-based design is introduced through a design process applied to a specific case study. Students are given a theoretical background on the notion of evaluation in architecture and spatial cognition as well as practical knowledge on various evaluation methods such as virtual reality, agent-based simulations and space syntax analysis. The course covers a range of methods including virtual reality for architectural design and agent-based simulations as well as visibility analysis and network analysis. Students are expected to apply these methods to a case study of their choice or to example cases provided by the course team. For students taking a B-ARCH or M-ARCH degree, this can be a completed or ongoing design studio project. The course gives students the chance to implement the methods iteratively and explore how best to address the needs of the potential occupants during the design process.

The course is tailored for students studying for B-ARCH and M-ARCH degrees. As an alternative to obtaining D-GESS credit, architecture students can obtain course credit in "Vertiefungsfach" or "Wahlfach".
851-0252-10LProject in Behavioural Finance Restricted registration - show details
Number of participants limited to 40

Particularly suitable for students of D-MTEC
3 credits2SS. Andraszewicz, C. Hölscher, D. Kaszás
AbstractThis interactive practical course provides and overview of the key topics in behavioral finance. Along studying information about investor's behavior, decision-making, cognitive, biological and personality markers of risk taking and measuring risk appetite, students train critical thinking, argumentation and presentation. The learning process is based on interactive discussions and presentations.
ObjectiveThis course provides an overview of the key topics in behavioural finance and gives the opportunity for a first hands-on experience in designing, analysing and presenting a behavioural study. In the first half of the semester, students present papers from different topics within behavioural finance, including Judgment and Decision Making, psychometrics and individual differences, and risk perception and eliciting people’s propensity to take risk, biological markers of risk taking and investment behavior and trading games. The paper presentations are informal, require no power-point presentations and are followed by a discussion with the rest of the students in the class. The goal of these presentations is three-fold: in an interactive and engaging way, to provide an overview of the topics contained in the area of behavioural finance, to teach students to extract the most relevant information from scientific papers and be able to communicate them to their peers and to enhance critical thinking during the discussion.
In the middle of the semester, the students pick a topic in which they want to conduct a small study. Some topics will be offered by the lecturers, but students are free to choose a topic of their own.
This is followed by fine-tuning their research questions given found literature, data collection and analysis. At the end of the semester students receive feedback and advice on the data analysis and present the results in a formal presentation with slides. The final assignment is a written report from their study. Active participation in the meetings is mandatory to pass the course. This course does not involve learning by heart.

Key skills after the course completion:
- Overview of topics in behavioural finance
- Communication of research output in an a formal and informal way, in an oral and written form
- Critical thinking
- Argumentation and study design
Content- Giving presentations
- How to quickly "read" a paper
- Judgment and Decision Making, Heuristics and Biases
- Biology on the trading floor
- Psychometrics and individual differences
- Eliciting people's propensity to take risks
- Experimental design in behavioural studies
- Experimental Asset Markets
Lecture notesAll learning materials will be available to students over eDoz platform.
LiteratureTversky, A., & Kahneman, D. (1992). Advance in prospect theory: Cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5(4), 297-323

Rieskamp, J. (2008). The probabilistic nature of preferential choice. Journal of Experimental Psychology: Learning, memory and Cognition, 34(6), 1446-1465

Hertwig, R., & Herzog, S. (2009). Fast and frugal heuristics: Tools of social rationality. Social Cognition, 27(5), 661-698

Coates, J.M., Gurnell, M., & Sarnyai, Z. (2010). From molecule to market: steroid hormones and financial risk taking. Philosophical Transacations of the Royal Society B, 365, 331-343

Cueva, C., Roberts, R.E., Spencer, T., Rani, N., Tempest, M., Tobler, P.N., Herbert, J., & Rustichini (2015). Cortisol and testosterone increase financial risk taking and may destabilize markets. Nature, 5(11206), 1-16

Conlin, A., Kyröläinen, P., Kaakinen, M., Järvelin, M-R., Perttunen, J., & Svento, R. (2015). Personality traits and stock market participation. Journal of Empirical Finance, 33, 34-50

Kosinski, M., Stillwell, D., & Graepel, T. (2013). Private traits and attributes are predictable from digital records of human behavior. Proceedings in National Academy of Sciences, 110, 5802-5805

Oehler, A., Wedlich, F., Wendt, S., & Horn, M. (July 9, 2016). Available at SSRN: https://ssrn.com/abstract=2807401

Fenton-O'Creevy, M., Nicholson, N., Soane, E., & Willman, P. (2003). Trading on illusions: Unrealistic perceptions of control and trading performance. Journal of Occupational and Organizational Psychology, 76, 53-68

Frey, R., Pedroni, A., Mata, R., Rieskamp, J., & Hertwig, R. (2017). Risk preference shares the psychometric structure of major psychological traits. Science Advances, 3, 1-13

Schürmann, O., Andraszewicz, S., & Rieskamp, J. (2017). The importance of losses when eliciting risk preferences. Under review

Andraszewicz, S., Kaszas, D., Zeisberger, S., Murphy, R.O., & Hölscher, C. (2017). Simulating historical market crashes in the laboratory. Manuscript in preparation.

Allenbach, M., Kaszas, D., Andraszewicz, S., & Hölscher, C. (2017). Skin conductance response as marker or risk undertaken by investors. Manuscript in preparation.

Simic, M., Kaszas, D., Andraszewicz, S., & Hölscher, C. (2017). Incentive structure compatibility in a principal agent problem. Manuscript in preparation.

Sornette, D., Andraszewicz, S., Wu, K., Murphy, R.O., Rindlerm P., & Sanadgol, D. (2017). Overpricing persistance in experimental asset markets with intrinsic uncertainty. Under review.

Andraszewicz, S., Wu, K., & Sornette, D. (2017). Behavioural effects and market dynamics in field and laboratory experimental asset markets. Under review.
Prerequisites / NoticeGrading is based the active participation in the class and the final project. There is no exam.
851-0609-08LResearch Seminar in Experimental Social Sciences and Humanities
Does not take place this semester.
If you are interested in presenting in the seminar, please contact Jan Schmitz (Schmitz@econ.gess.ethz.ch), and state your preferred date of presentation, the title of the presentation and whether the presentation is a design presentation or a full paper presentation
0 credits1SC. Hölscher, R. Schubert
AbstractThe aim of the seminar is to establish a research and networking platform for researchers conducting social science experiments at the ETH and to offer an outlet to present designs for laboratory and field experiments before data collection. Presentations of first study results and working papers are also welcome.
ObjectiveThe research seminar is open to all faculty interested in experimental research in the areas of economics, sociology and psychology. The aim of the seminar is to establish a research and networking platform for researchers conducting experiments at the ETH and to offer an outlet to present designs for laboratory and field experiments before data collection. Presentations of first study results and working papers are also welcome.

Objective: Establish a research and networking platform for researchers conducting experiments at the ETH and to offer an outlet to present designs for laboratory and field experiments before data collection. Presentations of first study results and working papers are also welcome.