| Recommended Reading List |
Pre-course Recommended Reading• Kahneman, D. (2003). Maps of Bounded Rationality: Psychology for BehavioralEconomics. The American Economic Review, 93(5), 1449-1475.• Camerer, C. (1999). Behavioral Economics: Reunifying Psychology andEconomics. PNAS, 96, 10575-1057.• Kenrick, D. T., Griskevicius, V., Sundie, J. M., Li, N. P., Li, Y. J., & Neuberg, S. L.(2009). Deep Rationality: The Evolutionary Economics of Decision Making.Social Cognition, 27(5), 764-765.• Sunstein, C. (2012, in press). The Storrs Lectures: Behavioral Economics andPaternalism. Yale Law Journal.• Ashraf, N., Camerer, C. F., & Loewenstein, G (2005). Adam Smith, BehavioralEconomist. Journal of Economic Perspectives, 19 (3), 131–145.• Uchitelle, L. (2001, February 11). Following the Money, But also the Mind. TheNew York Times.• Belluck, P. (2011, January 20). To Really Learn, Quit Studying and Take a Test.The New York Times. |
| Catalog Content |
The course aims to provide students with a grounding in the main areas of behavioral economics by focusing on behavioral implications of theoretical models and on experimental evidence in economics. These main areas include bounded rationality, decision-making under risk and uncertainty, others regarding preferences, intertemporal decision-making, behavioral game theory, emotions, and libertarian paternalism. For each area, the focus will be on review of standard economic models and evidence that indicates that such models do not capture some important behavioral aspects or anomalies; study of the behavioral models that have been developed to capture these aspects |
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