040319 VO Economic Psychology (MA) (2021S)
Labels
REMOTE
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
Details
Language: English
Examination dates
Friday
25.06.2021
09:45 - 11:15
Digital
Monday
04.10.2021
11:00 - 13:00
Digital
Thursday
04.11.2021
11:00 - 13:00
Digital
Monday
06.12.2021
11:00 - 13:00
Digital
Lecturers
Classes (iCal) - next class is marked with N
Friday
05.03.
09:45 - 11:15
Digital
Friday
19.03.
09:45 - 11:15
Digital
Friday
26.03.
09:45 - 11:15
Digital
Friday
16.04.
09:45 - 11:15
Digital
Friday
23.04.
09:45 - 11:15
Digital
Friday
30.04.
09:45 - 11:15
Digital
Friday
07.05.
09:45 - 11:15
Digital
Friday
14.05.
09:45 - 11:15
Digital
Friday
21.05.
09:45 - 11:15
Digital
Friday
28.05.
09:45 - 11:15
Digital
Friday
04.06.
09:45 - 11:15
Digital
Friday
11.06.
09:45 - 11:15
Digital
Friday
18.06.
09:45 - 11:15
Digital
Friday
25.06.
09:45 - 11:15
Digital
Information
Aims, contents and method of the course
Assessment and permitted materials
Digital or written exams in the classroom, depending on the regulations in June/July 2021.
- 20 Points total
- 10.5 Points to pass
- 20 Points total
- 10.5 Points to pass
Minimum requirements and assessment criteria
Minimum 10.5 Points to pass.
Examination topics
PLEASE NOTE: IT IS NOT ENOUGH THAT YOU ARE SIGNED UP FOR THE COURSE. TOWARDS THE END OF THE SEMESTER, YOU MUST ALSO SIGN UP FOR AN EXAM DATE. WE CANNOT GRADE THOSE STUDENTS WHO DID NOT SIGN UP FOR THE EXAM.
Lectures
E-Learning (Moodle)
Lectures
E-Learning (Moodle)
Reading list
Recommended but not! mandatory readings will be announced on the lectures. These are mostly journal articles and book chapters that are nontrivial to process and hence, not required to read. However, the exam will not exceed the material from the slides. This means that you really need to understand what is on the slides. When, however, something is unclear please email me. I respond to your question asap and rediscuss the focal issue at next class. Should it still be unclear, please ask for a personal appointment.
Association in the course directory
Last modified: Fr 12.05.2023 00:12
1. The development of economic thought with respect to psychology: Difference between economic psychology and behavioral economics. In what aspect psychology informs economics, historical milestones in the development of economics with respect to behavioral/psychological insights.
2. How preferences and values are constructed: Psychological approaches advancing the idea that preferences are constructed on the spot and are susceptible to context, circumstances that give fertile ground for constructed preferences, regularities of constructed preferences, decoy and compromise effects, coherent arbitrariness.
3. The decision under uncertainty and ambiguity aversion: Prospect theory, Ellsberg-paradox, and their consequences in judgment and decision-making.
4. Choice over time: Challenges of standard discounted utility and their remedies. Hyperbolic discounting, present-biased behavior. Dynamic inconsistency. Self-control.
5. (Mis)predicting future taste and utility: Regularities in people’s inability to correctly predict their future preferences and tastes and the practical and daily consequences of these behaviors.
6. Choice architecture: An overview of behaviorally informed public policy. Rationales and tools for interventions relying on behavioral regularities. Reviewing some basic success on using nudges to beneficially change behavior.