intro - Course Information Overview Econ 277A Behavioral...

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Unformatted text preview: Course Information Overview Econ 277A Behavioral Economics (Theory) a.k.a. Psychology & Economics Introduction Your host: Zack Grossman UCSB Winter 2011 Course Information Overview Class Information • Web: http://econ.ucsb.edu/ ~ grossman/Econ277AW11.html • Instructor: Zack Grossman: grossman[at]econ.ucsb.edu • Office hours: R 2-3, or by appointment, 3049 North Hall • Recommended Text: Choices, Values, and Frames (CVF), by Kahneman & Tversky Course Information Overview Who should take this class? • PhD students in 2nd year or higher • Interested in doing applied or theoretical work • . . . incorporating realistic formal assumptions • Possibly specializing in Behavioral/Experimental—not required, though Course Information Overview Course Requirements • 2 problem sets: 15% of your grade (each) • 2 problem set questions: 10% • 2 referee reports: 10% • 1 take-home final: 30% Course Information Overview What is this course about? • Behavioral economics: • Same as standard econ: questions, approaches • . . . but with more psychologically realistic assumptions (‘robots’ a bit more complicated/human) • Examples: Imperfect self-control, altruism, beliefs-based preferences, misprediction of future preferences, non-Bayesian thinking, overconfidence • We adapt the “standard” model where it is lacking • This course is not about: evolutionary economics, models of bounded rationality that are not grounded in psychology, alternatives to mainstream economic methodologies....
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This note was uploaded on 12/26/2011 for the course ECON 227A taught by Professor Grossman during the Fall '09 term at UCSB.

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intro - Course Information Overview Econ 277A Behavioral...

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