4. Do you give extra credit work? No. However, extra credit assignments are typically given throughout the semester and a student with good participation will have the opportunity to earn extra credit. In some cases, however, students NOT doing an activity for extra credit will receive negative points if they do not complete a project. This is done as a means of encouraging completion of an assignment consistent with that individuals are “prospect theory” demonstrating more motivated to avoid a loss than to achieve a gain; that is, there is loss aversion which refers to to strongly prefer avoiding losses to acquiring gains (see, Kahneman, D., & people’s tendency Tversky, A. [1979]. Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47, People seem to be more motivated by the thought of losing something than by the thought of gaining something of equal value; that is, losses loom larger than gains. Roughly speaking, losing something makes individuals twice as miserable as gaining the same thing makes them happy (see, Thaler, R. H., & Sunstein, C. R. [2008]. Nudge: Improving Decisions about Health, Wealth, and Happiness. New Haven, CT: Yale University Press). Thus, individuals are more motivated to avoid losses than to approach gains and so this motivational tool may be applied in this class. As a quick example, the thought of losing $10.00 is more impactful (motivating) than the thought of gaining $10.00. 5. Do you have a preference for the format for the research papers? Yes, the American Psychological Association (APA) format. Please refer to the following sources on APA formatting: (Purdue Online Writing Lab) (UW-Madison Writer’s Handbook) (APAstyle.org) (Example of paper using APA format) Many of the published articles by your Instructor are in APA style (see, for example, Vita/Resume on your Homepage: ). Instructor’s Contact: Revised Date: March 2, 2017
4. Do you give extra credit work? No. However, extra credit assignments are typically given throughout the semester and a student with good participation will have the opportunity to earn extra credit. In some cases, however, students NOT doing an activity for extra credit will receive negative points if they do not complete a project. This is done as a means of encouraging completion of an assignment consistent with “prospect theory” demonstrating that individuals are more motivated to avoid a loss than to achieve a gain; that is, there is loss aversion which refers to people’s tendency to strongly prefer avoiding losses to acquiring gains (see, Kahneman, D., & Tversky, A. [1979]. Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47, People seem to be more motivated by the thought of losing something than by the thought of gaining something of equal value; that is, losses loom larger than gains. Roughly speaking, losing something makes individuals twice as miserable as gaining the same thing makes them happy (see, Thaler, R. H., & Sunstein, C. R. [2008]. Nudge: Improving Decisions about Health, Wealth, and Happiness. New Haven, CT: Yale University Press). Thus, individuals are more motivated to avoid losses than to approach gains and so this motivational tool may be applied in this class. As a quick example, the thought of losing $10.00 is more impactful (motivating) than the thought of gaining $10.00. 5. Do you have a preference for the format for the research papers? Yes, the American Psychological Association (APA) format. Please refer to the following sources on APA formatting: (Purdue Online Writing Lab) (UW-Madison Writer’s Handbook) (APAstyle.org) (Example of paper using APA format) Many of the published articles by your Instructor are in APA style (see, for example, Vita/Resume on your Instructor’s Homepage: ). Contact: Revised Date: March 2, 2017
Hospitality_HRM-MNGT-4533_Spring-2017.docx