Course Details
Country:
United Kingdom
Institution:
University of Leicester
Course Title:
Behavioural Economics
Course Number:
EC3089
Course Description:
Assess and discuss the empirical evidence from generic situations of risk and uncertainty. Examine and analyse alternative behavioural decision theories of risk and uncertainty such as prospect theory and rank dependent utility. To be followed by a discussion of select applications of behavioural decision theories. - Assess and discuss the empirical evidence for social preferences arising from experimental games such as the ultimatum game, trust game and the public goods game. To be followed by a discussion and critique of theoretical models of social preferences such as the Fehr-Schmidt model and select applications. - Discuss and analyse the evidence on alternative models of time preference. To be followed by a discussion of alternative models of behavioural time discounting such as the hyperbolic discounting model and select applications. - Assess and discuss the evidence from human behaviour in strategic situations. To be followed by a discussion of select behavioural game theory
Language:
English
Approved Equivalent:
ECON 3---
Course URL:
https://le.ac.uk/modules/2022/EC3089
Attachment Files:
