[ 572ECONBECK20 ] KS Behavioral Economics
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| (*) Unfortunately this information is not available in english. |
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| 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 |
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| Detailed information |
| Pre-requisites |
(*)KS Einführung in die Volkswirtschaftslehre KS Einführung in die Mikroökonomie
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| 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.
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| Subject |
- Social preferences
- Prospect theory and reference points
- Time inconsistent preferences and present bias
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| Criteria for evaluation |
Final exam
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| Methods |
Lecture and discussions, experiments
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| Language |
English |
| Study material |
Handouts
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| Changing subject? |
No |
| Corresponding lecture |
(*)572AECOPOEK14: KS Psychologie und Ökonomie (3 ECTS)
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| On-site course |
| Maximum number of participants |
200 |
| Assignment procedure |
Assignment according to priority |
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