BEHAVIORAL AND EXPERIMENTAL ECONOMICS

Catalog description

Introduces the concepts of behavioral economics, which tackles situations that are inconsistent with the standard rational behavior model on both individual and market level, and experimental methods, which focuses on controlled identification, illustration and study of various socio-economics principles and market mechanisms. Demonstrates how concepts and tools can be used in a variety of settings, including provision of environmental services, health and social policy design, marketing and product design. Consists of a theoretical component, based on current readings and guest lectures by researchers in the field, and a practical component, focused on evaluation, design and creation of research.