Standard Behavioral Economics

This course offers a basic overview of the standard behavioral economics. It is designed for people with no or little knowledge of the topic. You will learn about heuristics and biases, prospect theory, time preferences, mental accounting, and behavioral game theory. Although many of these theories are nowadays heavily criticised, the critique can be understood only with a solid knowledge of the original theories. It consists of 12 hours of lectures and it is awarded with 2 ECTS for a successfull completion.


Topics
- History and methodology of behavioral economics
- Values, preferences, and choices
- Information processing models
- Decision-making under risk and uncertainty
- Intertemporal choice
- Mental accounting
- Behavioral game theory
- Social Preferences

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Fee info

EUR 300: Students
EUR 400: Non-students 
(get a 50 EUR discount - use code "CWS20"; valid until 15 November)