14.127 Behavioral Economics and Finance, Spring 2004
Author(s)
Gabaix, Xavier
Alternative Title
Behavioral Economics and Finance
Date Issued
June 2004
Abstract
This course surveys research which incorporates psychological evidence into economics. Topics include: prospect theory, biases in probabilistic judgment, self-control and mental accounting with implications for consumption and savings, fairness, altruism, and public goods contributions, financial market anomalies and theories, impact of markets, learning, and incentives, and memory, attention, categorization, and the thinking process.
Subjects
behavioral economics
finance
psychology
prospect theory
bias
probabilistic judgment
self-control
mental accounting
fairness
altruism
public goods
market anomalies
market theories
heuristics
noise
confusion
competition
bounded rationality
learning
games
neuroeconomics
hyperbolic discounting
consumption
hyperbolics
temptation
assets
puzzles
bubbles
Gul-Pesendorfer
MIT Department
Massachusetts Institute of Technology. Department of Economics
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