Surveys research which incorporates psychological evidence into economics. 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. Some evidence on memory, attention, categorization, and the thinking process.
In this new seminar, we will be focusing on three sports, swimming, cycling and running. There will be two components to the seminar, a classroom and a laboratory. The classroom component will introduce the students to the chemistry of their own biological system. Since we are looking at swimming, running and cycling as our sample sports, we will apply the classroom knowledge to complete a triathlon.
" This seminar will focus on three sports: swimming, cycling and running. There will be two components to the seminar: classroom sessions and a "laboratory" in the form of a structured training program. The classroom component will introduce the students to the chemistry of their own biological system. With swimming, running and cycling as sample sports, students are encouraged to apply their knowledge to complete a triathlon shortly after the term."
This course provides an introduction to the technology and policy context of public communications networks, through critical discussion of current issues in communications policy and their historical roots. The course focuses on underlying rationales and models for government involvement and the complex dynamics introduced by co-evolving technologies, industry structure, and public policy objectives. Cases drawn from cellular, fixed-line, and Internet applications include evolution of spectrum policy and current proposals for reform; the migration to broadband and implications for universal service policies; and property rights associated with digital content. The course lays a foundation for thesis research in this domain.
Although competition plays a significant role in communities, it is sometimes difficult to demonstrate the complexity of competitive interactions to an introductory class. This exercise investigates the effects of competition on reproduction within and between two species. Students design an experiment by placing females on a host, alone, or with conspecific or interspecific competitors. In a subsequent lab, students gather data on the number of offspring produced by females under each condition and discuss implications of the results. For more advanced students, information is included on using statistical analyses to compare the impacts of interspecific vs. intraspecific competition.
Competition in Telecommunications provides an introduction to the economics, business strategies, and technology of telecommunications markets, including markets for wireless communications, local and long-distance services, and customer equipment. The convergence of computers, cable TV and telecommunications and the competitive emergence of the Internet are covered in depth. A number of speakers from leading companies in the industry will give course lectures.
" We will cover fundamentals of ecology, considering Earth as an integrated dynamic system. Topics include coevolution of the biosphere, geosphere, atmosphere and oceans; photosynthesis and respiration; the hydrologic, carbon and nitrogen cycles. We will examine the flow of energy and materials through ecosystems; regulation of the distribution and abundance of organisms; structure and function of ecosystems, including evolution and natural selection; metabolic diversity; productivity; trophic dynamics; models of population growth, competition, mutualism and predation. This course is designated as Communication-Intensive; instruction and practice in oral and written communication provided. Biology is a recommended prerequisite."
Basic subject in ecology: understanding the flow of energy and materials through ecosystems, and what regulates the distribution and abundance of organisms. Productivity and biogeochemical cycles in ecosystems; trophic dynamics; community structure and stability; competition and predation; evolution and natural selection; population growth; and physiological ecology. Emphasis on aquatic systems.
This course provides practical instruction in the design and analysis of non-digital games. Students cover the texts, tools, references and historical context to analyze and compare game designs across a variety of genres, including sports, game shows, games of chance, card games, schoolyard games, board games, and role–playing games. In teams, students design, develop, and thoroughly test their original games to understand the interaction and evolution of game rules. Students taking the graduate version complete additional assignments.
" An historical examination and analysis of the evolution and development of games and game mechanics. Topics include a large breadth of genres and types of games, including sports, game shows, games of chance, schoolyard games, board games, roleplaying games, and digital games. Students submit essays documenting research and analysis of a variety of traditional and eclectic games. Project teams required to design, develop, and thoroughly test their original games."
Subject examines the opportunities and risks firms face in today's global world. Subject provides conceptual tools for analyzing how governments and social institutions influence economic competition among firms embedded in different national settings. Public policies and institutions that shape competitive outcomes are examined through cases and analytical readings on different companies and industries operating in both developed and emerging markets. 15.224 is similar to 15.223, but restricted to Sloan Fellows. From the course home page: In addition to traditional case/class discussions, this course will include some presentations by various guest speakers. The hope is that greater exposure to/interaction with these real-world practitioners will "bring to life" some of the issues discussed in the readings/cases. Whenever possible, informal dinners and/or coffees will be organized for small groups of students interested in meeting with our guest speakers.
Students learn basic marketing concepts and use professional marketing techniques to compose an advertisement for a hybrid vehicle. In the process, they learn the principles of comparative analysis.
Subject:
Mathematics and Statistics, Science and Technology
Covers theoretical and empirical work dealing with the structure, behavior, and performance of firms and markets and core issues in antitrust. Topics include: the organization of the firm, monopoly, price discrimination, oligopoly, and auctions. Theoretical and empirical work are integrated in each area.
Basic theory of consumer behavior, production and costs, partial equilibrium analysis of pricing in competitive and monopolistic markets, general equilibrium, welfare, and externalities.Recommended for students planning to apply to graduate school in economics, accounting, or finance.
This course is designed to extend the student's knowledge of the basic microeconomic principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena. Topics include supply and demand interaction, utility maximization, profit maximization, elasticity, perfect competition, monopoly power, imperfect competition, and game theory. Upon successful completion of this course, the student will be able to: Explain the standard theory in microeconomics at an intermediate level; Explain and use the basic tools of microeconomic theory, and apply them to help address problems in public policy; Analyze the role of markets in allocating scarce resources; Explain both competitive markets, for which basic models of supply and demand are most appropriate, and markets in which agents act strategically, for which game theory is the more appropriate tool; Synthesize the impact of government intervention in the market; Develop quantitative skills in doing economic cost and consumer analysis using calculus; Compare and contrast arguments concerning business and politics, and make good conjectures regarding the possible solutions; Analyze the economic behavior of individuals and firms, and explore how they respond to changes in the opportunities and constraints that they face and how they interact in markets; Apply basic tools that are used in many fields of economics, including household economics, labor economics, production theory, international economics, natural resource economics, public finance, and capital markets. (Economics 201)
This book presents standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. Introductory economics material is integrated. Standard mathematical tools, including calculus, are used throughout. The book easily serves as an intermediate microeconomics text, and can be used for a relatively sophisticated undergraduate who has not taken a basic university course in economics.
My goal is to provide an accessible book that reflects this theme of choice and conveys a sense of the breadth and power of basic economic analysis. It assumes no prior knowledge of economics and can be read and appreciated by anyone. While some parts of the book cover conventional material, others do not. I've ignored many traditional topics and substituted ones that apply economics in unusual and often provocative ways. The chapters are not meant to be definitive, they are meant to raise questions. If they do not make you think or ruffle an occasional feather, I have failed. Most chapters use a story-telling approach that has served me well in the classroom. I am accustomed to a tough audience. Every semester I stare into the fresh faces of college students who would rather be at the beach, students who challenge me to make them care. I use stories to grab their attention, to show how economics affects their everyday life, and to give them a new and deeper appreciation of what drives their behavior.
Provides an introduction to legal and institutional arrangements for the establishment, transfer, and control over property under US and selected comparative systems including India and South Africa. Situates the debate about property in the context of international development and planning. Examines the relationship to the use of land by individuals, entities, communities, and the State through "private" and "public" regulation. Emphasis on efficient resource use, institutional, entitlement, and cultural approaches to property, distribution, and other social aspects, and the relationship between property, culture, and democracy. This course is designed to offer an advanced introduction to key legal issues that arise in the area of property and land-use in American law, with a comparative focus on the laws of India and South Africa. The focus of the course is not on law itself, but on the policy implications of various rules, doctrines and practices which are covered in great detail. Legal rules regulating property are among the most fundamental to American, and most other, economies and societies. The main focus is on American property and land use law due to its prominence in international development policy and practice as a model, though substantial comparative legal materials are also introduced from selected non-western countries such as India and South Africa.
Lemmings are small animals who show a flux in population every few years. Numbers become low when predators over-hunt the lemmings. Numbers of lemmings skyrocket when food is plentiful-lemmings reproduce very quickly. When there are too many lemmings in one area, they fight for space and food. Many of them die from starvation and the numbers of lemmings plummet once again.
This course discusses the basics every manager needs to organize successful technology-driven innovation in both entrepreneurial and established firms. We start by examining innovation-based strategies as a source of competitive advantage and then examine how to build organizations that excel at identifying, building and commercializing technological innovations. Major topics include how the innovation process works; creating an organizational environment that rewards innovation and entrepreneurship; designing appropriate innovation processes (e.g. stage-gate, portfolio management); organizing to take advantage of internal and external sources of innovation; and structuring entrepreneurial and established organizations for effective innovation. The course examines how entrepreneurs can shape their firms so that they continuously build and commercialize valuable innovations. Many of the examples also focus on how established firms can become more entrepreneurial in their approach to innovation.
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