Introduction to Behavioral and Experimental Economics|
Spring 2019 not offered
This course compares what economic theory predicts with what economic agents actually do when faced with decisions. A number of in-class experiments will be conducted to identify systematic deviations or to confirm theoretical models. Students will learn new material both by participating in experiments and by studying related economic theory. This course will investigate some of the major subject areas that have been addressed by laboratory and field experiments: market behavior, decisions under risk, self-control issues, bargaining, auctions, public goods, cooperation, trust, and gender effects.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Student Option|
||Fulfills a Major Requirement for: (ECON-MN)(ECON)
Charles Holt, MARKETS, GAMES, AND STRATEGIC BEHAVIOR;
Daniel Kahneman, THINKING FAST AND SLOW
|Examination and Assignments: |
Coursework will include readings of economics papers as well as textbooks, along with problem sets. Weekly or bi-weekly homework assignments, final group project, and final exam.