Courses: Behavioral Economics (ECONH314A01)

Fall 2013

This course explores systematic departures of behavior from the predictions of neoclassical economic theory, and when possible, proposes alternative theories to explain this behavior. The course will begin with a study of reference-dependent preferences, based on Kahneman and Tversky’s seminal paper Prospect Theory. Further topics will include, but not be limited to, present-biased preferences, social preferences and behavioral finance. Students should be comfortable with microeconomic theory, and have some exposure to game theory. The course will have a heavy research component, and students should be prepared for critical reading of scholarly articles, and to write and present a research paper of their own.

Prerequisites: Econ 300.

Fulfills: SO I

Department

Economics (Web site)

Taught By

David Owens (Profile)

Location

Haverford, Chase 101

Meeting Times

TTh 1:00-2:30