This course is available on the BSc in Econometrics and Mathematical Economics, BSc in Economics, BSc in Economics with Economic History, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Mathematics, Statistics and Business, BSc in Philosophy and Economics and BSc in Psychological and Behavioural Science. This course is available as an outside option to students on other programmes where regulations permit. This course is not available to General Course students. Students taking the course as an outside option are required to meet the pre-requisites as detailed below.
This course is available on the BSc in Econometrics and Mathematical Economics, BSc in Economics, BSc in Economics with Economic History, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Mathematics, Statistics and Business, BSc in Philosophy and Economics and BSc in Psychological and Behavioural Science. This course is available as an outside option to students on other programmes where regulations permit. This course is not available to General Course students. Students taking the course as an outside option are required to meet the pre-requisites as detailed below.
15 hours of lectures and 10 hours of classes in the MT. 15 hours of lectures and 10 hours of classes in the LT. This course is delivered through a combination of classes and lectures totalling a minimum of 50 hours across Michaelmas Term and Lent Term. This year, some or all of this teaching will be delivered through a combination of virtual classes, live streamed (recorded) lectures, and some flipped content delivered as short online videos.
At least four exercises or pieces of written work will be required and assessed by class teachers.
Congdon, William, Jeffrey Kling, and Sendhil Mullainathan. Policy and Choice: Public Finance Through the Lens of Behavioral Economics (selected chapters). Brookings Institution Press: Washington, D.C. 2011[Free eBook download at http://www.brookings.edu/press/Books/2011/policyandchoice.aspx]Rabin, Matthew. ?Psychology and Economics?, Journal of Economic Literature, 36(1), 1998: 11-46.DellaVigna, Stefano. ?Psychology and Economics: Evidence from the Field?, Journal of Economic Literature, 47(2), 2009: 315-372.Fehr, Ernst and Simon Gachter. ?Fairness and Retaliation: The Economics of Reciprocity?, Journal of Economic Perspectives, 14(3), 2000: 159-181.Laibson, David. ?Golden Eggs and Hyperbolic Discounting?, The Quarterly Journal of Economics, 112(2), 1997: 443-477.Camerer, Colin, Linda Babcock, George Loewenstein, and Richard Thaler. ?Labor Supply of New York City Cabdrivers: One Day at a Time?, The Quarterly Journal of Economics, 112, 1997: 407-441.Gabaix, Xavier and David Laibson. ?Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets?, The Quarterly Journal of Economics, 121(2): 505-540.Bernartzi, Shlomo and Richard Thaler. ?Save More Tomorrow: Using Behavioral Economics to Increase Employee Saving?, Journal of Political Economy, 112(1), 2004: S164-S187.Kahneman, Daniel and Amos Tversky. ?Prospect Theory: An Analysis of Decision under Risk?, Econometrica, 47(2), 1979: 263-292.
Exam (100%, duration: 3 hours, reading time: 15 minutes) in the summer exam period.