Course Page for Psychology and Behavioral Economics (««)


Syllabus

Additional reading and sources mentioned in the lectures

Lecture 1: Introduction. Thinking Fast and Slow

Book Chapters
Cartwright, E., Behavioral Economics, Routledge 2011, chpt 1

Kahneman, D., Thinking. Fast and Slow, Farrar, Strauss and Giroux 2011, chpts 1-9

Thaler, R.H., Sunstein, C.R., Nudge. Improving Decisions About Health, Wealth and Happiness, Pinguin 2008, Introduction.

Articles
Mullainathan, S., Thaler, R.H., Behavioral Economics, NBER working paper 7948, 2000.
Downloadable at LINK

Lecture 2: Heuristics and Biases

Book Chapters
Cartwright, E., Behavioral Economics, Routledge 2011, chpts 2 and 5

Kahneman, D., Thinking. Fast and Slow, Farrar, Strauss and Giroux 2011, chpts 10-18

Thaler, R.H., Mental Accounting Matters, in: Kahneman, D. and A. Tversky (eds), Choices, Values, and Frames, Cambridge University Press 2000: 269-287.

Gilboa, I., Gilboa-Schechtman, E. (2003), Mental Accounting and the Absentminded Driver, in: Brocas, I. and J. D. Carrillo (eds), The Psychology of Economic Decisions, Volume 1 Rationality and Well-being, Oxford: Oxford University Press: 127-136
Downloadable at LINK

Articles
Gilboa, I., Schmeidler, D. (1995), Case-Based Decision Theory, Quarterly Journal of Economics 110: 605-639
Downloadable at LINK

Gabaix, X., Laibson, D., Moloche, G., Weinberg, S. (2006), Costly Information Acquisition: Experimental Analysis of a Bounded Rational Model, American Economic Review 96: 1043-1068
Downloadable at LINK

Lecture 3: Economic Decisions: Theory vs Evidence

Kahneman, D., Thinking. Fast and Slow, Farrar, Strauss and Giroux 2011, chpt 25

Cartwright, E., Behavioral Economics, Routledge 2011, chpt 3

Lecture 4: Prospect Theory

Kahneman, D., Tversky, A., Chapter 2: "Prospect Theory", in: Choices, Values and Frames, ed. by D. Kahneman and A. Tversky, Cambridge University Press 2000. Library 658.403 C545

Book Chapters
Kahneman, D., Thinking. Fast and Slow, Farrar, Strauss and Giroux 2011, chpt 26

Cartwright, E., Behavioral Economics, Routledge 2011, chpt 3.3

Lecture 5: Interaction and Social Preferences

Book Chapters
Cartwright, E., Behavioral Economics, Routledge 2011, chpt 7

Journal Articles
Fehr, E., Gaechter, S., Cooperation and Punishment in a Public Goods Experiment, American Economic Review 90, 2000: 980-994.
Downloadable at JSTOR link (free on campus)

Lecture 6: Evolution and Culture

Book Chapters
Cartwright, E., Behavioral Economics, Routledge 2011, chpt 8

Journal Articles
Brennan, T., Lo, A., The Origins of Behavior, Quarterly Journal of Finance 2011.
Downloadable at MIT (free)

Maynard Smith, J., The Theory of Games and the Evolution of Animal Conflict, Journal of Theoretical Biology 47, 1974: 209-221.
Downloadable here

Croson, R., Uri Gneezy, U., Gender Differences in Preferences, Journal of Economic Literature 47, 2009: 448-474.
Downloadable JSTOR link (free on campus)

Lindquist, G., Säve-Söderbergh, J., ‘‘Girls Will Be Girls’’, Especially Among Boys: Risk-Taking in the ‘‘Daily Double’’ on Jeopardy, Economics Letters 112 (2011): 158–160.
Downloadable Science Direct link (free on campus)