Course Syllabus
Economics 1030. Psychology and Economics
| Catalog Number: 4709 |
| Spring 2014-2015 |
| David I. Laibson and Tomasz Strzalecki |
| Location: Maxwell Dworkin G-115 Meeting Time: Tu., Th., 1-2:30 Exam Group: 1 |
| Psychological concepts include social preferences, impulsivity, bounded rationality, loss-aversion, over-confidence, self-serving biases, hedonics, and neuroscience. Economic concepts include arbitrage, equilibrium, rational choice, utility maximization, Bayesian beliefs, game theory. Integrates these psychological and economic concepts to understand behavioral phenomena such as portfolio choice, saving, procrastination, addiction, asset pricing, auction bidding, labor supply, cooperation, persuasion. |
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Prerequisites: Ec 10a and Ec 10b and knowledge of univariate calculus. |
Readings
Course Summary:
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