Drexel University 4 credits ECON
This course provides a systematic introduction to behavioral economics, the field aimed at modeling and understanding how individuals make decisions based on psychological and experimental evidence. The course will introduce the main behavioral patterns underlying some of the most important areas of economic decision making. Examples include consumption and saving decisions, choice under risk, as well as social and strategic interactions. Students will also learn the models that try to explain these behaviors and their applications to policy making.
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