Kurser och studieplaner / Nationalekonomi
2685 Behavioral and Experimental Economics
|Period: 3||20.1.2014 - 7.3.2014|
Understanding the methods, central results and theories of both experimental and psychological (behavioral) economics, and their relation to other fields of economics, and to microeconomics in particular. The course offers a master-level overview into Behavioral decisions, Behavioral games, Dynamic behavioral decisions, Experimental economics and experiment settings, as well as applications thereof.
In the end of the course, the student should have a basic ability for writing down models and understand the various purposes of modeling. She should have a basic understanding what descriptive, as opposed to prescriptive models, are there for, how they introduce context dependency and incorporate psychological assumptions into (micro)economics. She should also have some understanding how all this might play into economic applications and even macroeconomics. Finally, the student should understand the limitations and benefits of economic experimentation in empirical work and be able to design simple experiments.
Understanding of microeconomics at an intermediate level. Knoweledge in Intermadiate microeconomics and Economics of Strategy i essential.
28 h lectures 12h Excercises, Group work 30h.
Lectures and exercises
Camerer, Colin: Behavioral Game Theory. Princeton University Press 2003.
Wilkinson, Nick: Introduction to Behavioral Economics, Palgrave
Friedman, Daniel& Shyam Sunder: Experimental Methods: A Primer for Economist. Cambridge University Press, 1994.
Bedömning och examination
The excercises and group work is mandatory.