Course Name

Behavioral Economics and Finance

Collection
Free

  • General

Open

About

A photo of a crowded shopping mall hallway.

Shopping mall. (Image courtesy of Nicholas Sales. Used with permission.)

Instructor(s)

Prof. Xavier Gabaix

MIT Course Number

14.127

As Taught In

Spring 2004

Level

Graduate

Cite This Course

 

 

Course Features

Course Description

This course surveys research which incorporates psychological evidence into economics. Topics include: 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, and memory, attention, categorization, and the thinking process.