ECON 465(S) Behavioral and Experimental Economics

Ample empirical and experimental evidence suggests significant departures from classical assumptions of economics such as perfect rationality and self-interested behavior. In this course, we review this evidence with an eye towards identifying systematic ways in which behavior deviates from our classical assumptions and generating new, and hopefully more realistic, assumptions of behavior. We explore the empirical, theoretical and policy implications of these findings.
Format: seminar. Requirements: one long paper, one short paper, and a series of critiques.
Prerequisites: Economics 251 and 253 or 255 or the equivalent. Enrollment limit: 19 (expected: 19). Preference will be given to senior Economics majors. (Students who have not taken econometrics may apply to be admitted to the course after meeting with Prof. Gazzale).

Hour: GAZZALE