University of California, Berkeley 4 credits Economics
The course will analyze the roles of individual incentives, target group objectives and outcomes and how they are impacted by group decision making systems. A group decision making system is a way of making group level decisions. We examine this through the lens of game theory and mechanism design and other complementary analytic approaches. For example, we would examine the impact of having alternative election systems. This course draws primarily from microeconomic theory as an anchoring framework to evaluate these systems and individual actions. As with much of behavioral economics where we deal with real complex structures, we borrow from psychology (for behavioral theory) and business and politics (for real world examples).
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