[ 572ECONBECK20 ] KS Behavioral Economics

(*) Unfortunately this information is not available in english.
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Economics Matthias Fahn 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)KS Einführung in die Volkswirtschaftslehre KS Einführung in die Mikroökonomie
Original study plan Bachelor's programme Economics and Business 2021W
Objectives This course provides an introduction into behavioral economics. It takes into account that individual preferences are considerably more extensive than often assumed and can contain aspects such as altruism or reciprocity. We also discuss why time-inconsistent behavior (for example leading to procrastination) is often observed and why reference points are important to evaluate outcomes.
  • Social preferences
  • Prospect theory and reference points
  • Time inconsistent preferences and present bias
Criteria for evaluation Final exam
Methods Lecture and discussions, experiments
Language English
Study material Handouts
Changing subject? No
Corresponding lecture (*)572AECOPOEK14: KS Psychologie und Ökonomie (3 ECTS)
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority