Prerequisites: good knowledge of Microeconomics, in particular game theory
Contents: Behavioral and experimental economics studies the effects of psychological, cognitive, and social factors on the economic decision making of individuals in order to explain observed puzzles and to improve the predictive power of models. Prevalent themes are the study of false perceptions, e.g., framing effects, projection bias or time inconsistency, of preference anomalies in the form of, e.g., present-biasedness or ambiguity aversion, and of non-standard and social preferences.
Requirements: Participants are expected to give a presentation in class (ungraded). A list of possible topics will be provided to registered participants before the first meeting. Active participation in class is essential.
Max. participants: 20
Please register via AGNES by February 1, 2020 to April 14, 2020.
StO/PO MA 2016: 6 LP, Modul: "Behavioral Economics"
StO/PO MEMS 2016: 6 LP, Modul: "Behavioral Economics", Major: Microeconomics