Syllabus

Course Code: M-ECOE -020    Course Name: Behavioural Economics-I

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Behavioural Decision Theory
Human Choice under uncertainty; Behavioural models of Decision Making- Rank Dependent Utility Theory, Prospect Theory; Applications of Behavioural Decision theory.
Reading List
• Angner, Erik (2016). A Course in Behavioral Economics. Palgrave Macmillan.
• Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press.
2 Models of Ambiguity and Preferences
Human Behaviour under Ambiguity; Human Sociality; Preferences models; Incentives and Preferences.
Reading List
• Angner, Erik (2016). A Course in Behavioral Economics. Palgrave Macmillan.
• Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press.
3 Behavioural Time Discounting
Temporal Human Choice; Behavioural Models of Time Discounting; Applications of Present Biased Preferences.
Reading List
• Angner, Erik (2016). A Course in Behavioral Economics. Palgrave Macmillan.
• Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press.
4 Strategic Human Choice
Mixed Strategy Nash Equilibria; Coordination Games; Bargaining Games; Asymmetric Information and Signaling; Strategic complements and Strategic Substitutes.
Reading List
• Angner, Erik (2016). A Course in Behavioral Economics. Palgrave Macmillan.
• Dhami,Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press.
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