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  • Behavioral Economics
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Course Title Code Compulsory/Elective Laboratory + Practice ECTS
Behavioral Economics İKT563 I. SEMESTER 3+0 6.0
Language of Instruction İngilizce
Course Type Elective Courses
Course Instructor(s) PROF. DR. MELTEM ERDOĞAN
Mode of Delivery Face to face
Prerequisites Economics and Micro Economics classes should be taken
Courses Recomended Physcology and Sociology
Recommended Reading List Behavioral Economics: Past Present and Future, Colin F. CamererEconomic Decision Making How Our Brain Works, Tomer. John F.A Foundation for Behavioral Economics Jessica L. Cohen and William T. Dicken, Nber working paper Behavioral Economics Thaler and Mullainathan, Better than Rational, Evolutuaniry and Physocology and Invisible Hand)Değerler, Davranışlar, Tercihler ve Seçimler: Camerer, Colin. “Individual Decision Making.” In Handbook of Experimental Economics (Al Roth editor), Princeton University Press: Princeton , N. J., pp. 587–704. Shafir, Eldar, Peter Diamond and Amos Tversky. “Money Illusion.” In Choices, Values and Frames, Ch. 19, pp. 335–355.Shafir, Eldar, Itamar Simonson, and Amos Tversky. “Reason Based Choice.” In Choices, Values and Frames, Ch. 34, pp. 597–619. Sezgiler ve Önyargılar: Genaioli, N. and A. Shleifer. \\\\\\\" What Comes to Mind.\\\\\\\" Quarterly Journal of Economics, November, 2010. Tversky, Amos and Daniel Kahneman. “ Introduction.” In Judgment under Uncertainty: Heuristics and Biases, Ch. 1, pp. 3–22. Risk ve Belirsizlik Altında Karar Verme (Amos Twersky and the Ascend of Behavioral Economics-Journal of Risk and Uncertainty, 16:7–47 (1998), or Judgement under Uncertainity: Heuristics and Biases, Amos Twersky and Daniel Kahneman, Science, New Series, Vol. 185, No. 4157. (Sep. 27, 1974), pp. 1124-1131.Zihinsel Muhasebe (Mental accounting and Consumer Choice, Marketing Science Summer 1985 vol. 4 no. 3 199-214Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework” Econometrica, 57, 937—969.) or Loewenstein, George, “The Fall and Rise of Psychological Explanations in the Economics of Intertemporal Choice.” In Choice Over Time , pp. 3–34. Alternatif Zamanlararası Seçim Modeli: Loewenstein, George and Dražen Prelec. “ Anomalies in intertemporal: Evidence and an interpretation .” Quarterly Journal of Economics , May 1992, 573–597.Davranışsal Oyun Teoremi (Progress in Behavioral Game Theory, Camerer Fall 1997, Journal of Economic Perpectives, vol 11, no.4, p. 167-188) or Erev, Ido and A.E. Roth. \\\\\\\" Predicting how people play games: Reinforcement learning in experimental games with unique, mixed strategy equilibria .” American Economic Review , 88(4), September 1998, 848–881.
Assessment methods and criteria Class participation 0Power point presentation PHomework
Work Placement Not applicable
Catalog Content Behavioral economics was influenced by other social sciences such as psychology and sociology and tried to explain the anomalies that define standard economic analysis. The corporate economy is the study of the development of economic organizations, laws and contracts as part of the historical and ongoing economic development process. Behavioral economics and institutional economics are considered together with the complex human behavior, especially in terms of the design and logic of economic institutions. Topics; herd behavior, attitudes towards risk, procrastination, illusion of money, savings, investment, poverty, emotions on behaviors

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