ECON 31 An Introduction to Behavioral Economics

Behavioral economics seeks to enrich economics with insights, often drawn from other disciplines, that help us better the world by improving understanding of human decision making and its limitations. This course provides an overview of how behavioral economists go about doing this, and the extent to which we are making progress, with a focus on individual decision making. We start with the standard approach to behavioral economics-- augmenting a classical model with allowance for one or two among dozens of potential decision making biases or constraints at a time-- and build to prospects for grand unification of behavioral economics.

Instructor

Angeli

Prerequisite

ECON 1, ECON 21

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Offered

• Spring