Seminar: Behavioral Economics

This seminar in Behavioral Economics offers a focused study of how psychological factors impact economic decision-making. It provides an academic exploration of various behavioral theories and principles, including Prospect Theory, Loss Aversion, Motivated Reasoning, Social Norms, Mental Accounting, Hyperbolic Discounting, Information Avoidance, and Social Preferences. Through a combination of theoretical study and practical case analysis, students will gain insights into how individuals and groups make economic decisions, often deviating from the predictions of traditional economic models. The seminar aims to equip students with a deeper understanding of these behavioral concepts, fostering a critical approach to analyzing economic behaviors in real-world contexts.

A preliminary syllabus can be found here.