Behavioral Economics and Finance, Spring 2004
(Complete Item Description)
- Abstract:
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.
- Subject:
- Social Sciences
- Grade Level:
- Post-secondary
- Collection:
- MIT OpenCourseWare
