Deviations from Rationality: Introduction to Behavioral Economics
Description: Seminar, one hour. Behavioral economics uses methodologies to analyze how psychology affects people's economic behavior and decision-making processes. Examination of how cognitive biases can influence--and often inhibit--people's reasoning abilities. Introduction to basic economic modelling as framework for thinking about rational and irrational thought. P/NP grading. Facilitated by Izzy Sumner, with Pierre-Olivier Weill as faculty mentor.
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