Economics of Altruism

Catalog description

This course is an introduction into behavioral economic theory and methods as they pertain to concepts of altruism, generosity, and giving. The course will contrast economic theories that predict selfish behavior to those that attempt to explain kindness and generosity. Recent research in behavioral economics shows a plethora of surprising and often, conflicting evidence on the existence of altruism. Students will become familiar with the altruism literature and related economic experiments and games. The role of humanitarianism in society will be explored as students perform service learning projects with local non-profit organizations. Students will learn project evaluation techniques to give insight into effective philanthropy.