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14.13 Economics and Psychology, Spring 2004

dc.contributor.authorGabaix, Xavier
dc.coverage.temporalSpring 2004
dc.date.accessioned2021-10-29T19:30:51Z
dc.date.available2021-10-29T19:30:51Z
dc.date.issued2004-06
dc.identifier14.13-Spring2004
dc.identifier.other14.13
dc.identifier.otherIMSCP-MD5-24404fe41a4c7f0d62dae35021695070
dc.identifier.urihttps://hdl.handle.net/1721.1/136760
dc.description.abstractThis course integrates psychological insights into economic models of behavior. It discusses the limitations of standard economic models and surveys the ways in which psychological experiments have been used to learn about preferences, cognition, and behavior. Topics include: trust, vengeance, fairness, impatience, impulsivity, bounded rationality, learning, reinforcement, classical conditioning, loss-aversion, over-confidence, self-serving biases, cognitive dissonance, altruism, subjective well-being, and hedonic adaptation. Economic concepts such as equilibrium, rational choice, utility maximization, Bayesian beliefs, game theory, and behavior under uncertainty are discussed in light of these phenomena.en
dc.language.isoen-US
dc.relation.hasversionhttp://www.core.org.cn/OcwWeb/Economics/14-13Spring2004/CourseHome/index.htm
dc.rightsThis site (c) Massachusetts Institute of Technology 2021. Content within individual courses is (c) by the individual authors unless otherwise noted. The Massachusetts Institute of Technology is providing this Work (as defined below) under the terms of this Creative Commons public license ("CCPL" or "license") unless otherwise noted. The Work is protected by copyright and/or other applicable law. Any use of the work other than as authorized under this license is prohibited. By exercising any of the rights to the Work provided here, You (as defined below) accept and agree to be bound by the terms of this license. The Licensor, the Massachusetts Institute of Technology, grants You the rights contained here in consideration of Your acceptance of such terms and conditions.en
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/*
dc.subjectbehavioral economicsen
dc.subjectfinanceen
dc.subjectpsychologyen
dc.subjectprospecten
dc.subjectprospect theoryen
dc.subjectbiasen
dc.subjectprobabilistic judgmenten
dc.subjectself-controlen
dc.subjectmental accountingen
dc.subjectfairnessen
dc.subjectaltruismen
dc.subjectpublic goodsen
dc.subjectmarket anomaliesen
dc.subjectmarket theoriesen
dc.subjecteconomicsen
dc.subjectpsychologyen
dc.subjectbehavioren
dc.subjectpreferencesen
dc.subjectcognitionen
dc.subjecttrusten
dc.subjectvengenceen
dc.subjectfairnessen
dc.subjectimpatienceen
dc.subjectimpulsivityen
dc.subjectbounded rationalityen
dc.subjectlearningen
dc.subjectreinforcementen
dc.subjectclassical conditioningen
dc.subjectloss-aversionen
dc.subjectover-confidenceen
dc.subjectself-serving biasesen
dc.subjectcognitive dissonanceen
dc.subjectaltruismen
dc.subjectsubjective well-beingen
dc.subjecthedonic adaptationen
dc.subjectequilibriumen
dc.subjectrational choiceen
dc.subjectutility maximizationen
dc.subjectBayesian beliefsen
dc.subjectgame theoryen
dc.subjectneuroeconomicsen
dc.subjectprospect theoryen
dc.title14.13 Economics and Psychology, Spring 2004en
dc.title.alternativeEconomics and Psychologyen
dc.typeLearning Object
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economics
dc.audience.educationlevelUndergraduate
dc.subject.cip520601en
dc.subject.cipBusiness/Managerial Economicsen
dc.subject.cip450699en
dc.subject.cipEconomics, Otheren
dc.subject.cip429999en
dc.subject.cipPsychology, Otheren
dc.date.updated2021-10-29T19:31:00Z


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