econ404lecture1handout - Economics 404 Behavioral Economics Lecture 1 Department of Economics Washington University in St Louis Fall 2009 Economics 404

econ404lecture1handout - Economics 404 Behavioral Economics...

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Economics 404: Behavioral Economics Lecture 1 Department of Economics Washington University in St. Louis Fall 2009 Economics 404 Fall 2009
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Overview Introduction to the course, introduction to me Course policies What is behavioral economics? Economics 404 Fall 2009
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Introductions Economics 404 Fall 2009
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Introduction to the Course Behavioral economics: like “regular” economics, but with more complicated (and psychologically-realistic) robots Behavioral economists believe: relaxing standard assumptions about individual utility functions, when these conflict with empirical evidence, can improve economic models Major topics: self control and time preferences, altruism, reference dependence, formation of incorrect beliefs Economics 404 Fall 2009
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About Your Host Assistant Professor Pamela Jakiela: BA in development (Michigan), MSc in development (LSE), PhD in economics (UC Berkeley) Study the roles played by individual psychology and cultural norms in perpetuating poverty Contact information: Email: [email protected] — only for short questions Office location: 337 Seigle Hall — only for office hours Economics 404 Fall 2009
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About Your Teaching Assistants TBA: TBA Contact information: Email: TBA Office location: TBA Economics 404 Fall 2009
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Course Requirements Economics 404 Fall 2009
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About You Economics majors?
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