Units: 4
Hours: Lecture, 3 hours; extra reading, 1 hour; individual study, 1.5 hours; term paper, 0.5 hour
Catalog page 322
Prerequisites: ECON 002 or ECON 002H; ECON 104B
Description: An introduction to core concepts in behavioral economics. Includes choice under uncertainty, choice over time, social preferences, and transaction utility. Outlines the role of lab and field experiments in the discipline. Discusses applications to management, marketing and charitable giving, and the use of behavioral economics in designing policy.