Courses: Behavioral Economics (ECONH314A01)
This course explores systematic departures of behavior from the predictions of neoclassical economic theory, and when possible, proposes alternative theories to explain this behavior. Students will read contemporary scholarly articles and apply the models that they present. The course will begin with a study of reference-dependent preferences, based on Kahneman and Tversky's seminal paper Prospect Theory.
Prerequisites: Econ 300.
Fulfills: SO I
Haverford, Stokes 018