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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course surveys research which incorporates psychological evidence into economics. Topics include: prospect theory, biases in probabilistic judgment, self-control and mental accounting with implications for consumption and savings, fairness, altruism, and public goods contributions, financial market anomalies and theories, impact of mar
Author(s):
Tag(s):
- economics
- behavioral economics
- finance
- psychology
- prospect theory
- bias
- probabilistic judgment
- self-control
- mental accounting
- fairness
- altruism
- public goods
- market anomalies
- market theories
- heuristics
- noise
- confusion
- competition
- bounded rationality
- learning
- games
- neuroeconomics
- hyperbolic discounting
- consumption
- hyperbolics
- tem
More OCW like this |
|
Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
Share in:
This course integrates psychological insights into economic models of behavior. It discusses the limitations of standard economic models and surveys the ways in which psychological experiments have been used to learn about preferences, cognition, and behavior. Topics include: trust, vengeance, fairness, impatience, impulsivity, bounded rati
Author(s):
Tag(s):
- economics
- behavioral economics
- finance
- psychology
- prospect
- prospect theory
- bias
- probabilistic judgment
- self-control
- mental accounting
- fairness
- altruism
- public goods
- market anomalies
- market theories
- economics
- behavior
- preferences
- cognition
- trust
- vengence
- impatience
- impulsivity
- bounded rationality
- learning
- reinforcement
- classic
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