Description: Seminar, one hour. Behavioral economics uses methodologies to analyze how psychology affects people's economic behavior and decision-making processes. Examination of how cognitive biases can influence--and often inhibit--people's reasoning abilities. Introduction to basic economic modelling as framework for thinking about rational and irrational thought. P/NP grading. Facilitated by Izzy Sumner, with Pierre-Olivier Weill as faculty mentor.

Units: 0.0