Universität Wien FIND

040296 UK Behavioral Economics and Policy (BA) (2017W)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

Lecturer: Victor Gonzalez Jimenez

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Montag 02.10. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 03.10. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 09.10. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 10.10. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 16.10. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 17.10. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 23.10. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 24.10. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 30.10. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 31.10. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 06.11. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 07.11. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 13.11. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 14.11. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 20.11. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 21.11. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 27.11. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 28.11. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 04.12. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 05.12. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 11.12. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 12.12. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 08.01. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 09.01. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 15.01. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 16.01. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 22.01. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 23.01. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag 29.01. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Dienstag 30.01. 16:45 - 18:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

This course is designed for advanced bachelor students. Intermediate knowledge of Microeconomics and basic knowledge of Econometrics is recommended.

The course aims to make students familiar with the most relevant topics of psychology and economics (behavioral economics). Additionally, it seeks to make students familiar with state-of-art applications of these theories, and policy recommendations derived from these applications.

Contents:

The course introduces the students to the most relevant topics of psychology and economics (behavioral economics). After following this course, the students will be familiar with relevant theories in the field such as prospect theory, hyperbolic discounting, and inequity aversion, inattention. Throughout the course, we will study how, in light of these theories, governments and organizations should approach problems such as market regulation, savings, poverty, retirement accounts, employee motivation or taxation.

Method:

The course is divided in four modules. In each of the modules a theory of behavioral economics is presented along with its respective empirical regularities. The applications of each of these theories are discussed along with their policy implications and recommendations.

Art der Leistungskontrolle und erlaubte Hilfsmittel

The grade of the course will be assessed using these criteria:

-Quizes (30%)

-Presentation (30%)

-Research Proposal(40%)

Mindestanforderungen und Beurteilungsmaßstab

The score of the quizzes, presentation, and final exam each needs to be higher than a half of the total score.

Prüfungsstoff

Module 0: Introduction and Philosophy.

Module 1: Prospect Theory
-Reference points
-Loss aversion
-Probability weighting

Module 2: Time preferences
-Hyperbolic discounting
-Time inconsistency

Module 3: Social Preferences
- Inequity aversion
- Fairness
-
Module 4: Behavioral Welfare Economics

Literatur

• Thaler, Richard H., and Cass R. Sunstein. "Libertarian paternalism." The American Economic Review 93.2 (2003): 175-179.

• Kahneman, Daniel, and Amos Tversky (1979) "Prospect Theory: An Analysis of Decision under Risk", Econometrica, XLVII (1979), 263-291.

• David Laibson, “Golden Eggs and Hyperbolic Discounting,” Quarterly Journal of Economics 112 (1997), pp. 443-478;

• Fehr, Ernst, and Klaus M. Schmidt. "A theory of fairness, competition, and cooperation." The quarterly journal of economics 114.3 (1999): 817-868.

• Bernheim, B. Douglas, and Antonio Rangel. "Beyond revealed preference: choice-theoretic foundations for behavioral welfare economics." The Quarterly Journal of Economics 124.1 (2009): 51-104.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Fr 31.08.2018 08:42