In this course we will study economic behavior that is difficult to explain given the standard assumptions about full rationality that are commonly employed in economic analysis. Particular emphasis will be put on behavioral models of decision-making over risk, patience and procrastination, altruism and reciprocity, and errors in judgement and learning. We will examine the consequences of these models to understanding the behavior of individuals, firms, and markets in a variety of contexts and the ways in which policy-makers might respond. We will also survey recent work at the intersection of economics, psychology, and anthropology.
Counts as an ECON major course:
Group 2 for BA majors
Group 3 for BS majors
For more information, contact: Remy Levin at firstname.lastname@example.org