Syllabus
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Course Code: M-ECOE -029 Course Name: Elective Course - Behavioural Economics-II |
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| MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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| 1 | Models of Behavioural Game Theory Quantal Response Equilibrium (QRE); Cognitive Hierarchy Models; Psychological game Theory; Behavioural economics of Auctions. Reading List • Angner, Erik (2012). A Course in Behavioral Economics. Palgrave Macmillan. • Dhami, Sanjit (2016).The Foundations of Behavioral Economic Analysis. Oxford University Press. |
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| 2 | Learning and Emotions Reinforcement learning; Belief based models of learning; Rule based learning; Emotions and Human Behaviour; Projection bias; Temptation preference; Happiness economics; Interaction between emotions and cognition. Reading List • Angner, Erik (2012). A Course in Behavioral Economics. Palgrave Macmillan. • Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press. |
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| 3 | Judgement heuristics Law of small numbers; Herbert Simon approach to bounded rationality; Mental Accounting. Reading List • Angner, Erik (2012). A Course in Behavioral Economics. Palgrave Macmillan. • Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press. |
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| 4 | Bounded rationality in financial markets; Behavioural welfare economics.
Reading List • Angner, Erik (2012). A Course in Behavioral Economics. Palgrave Macmillan. • Dhami, Sanjit (2016). The Foundations of Behavioral Economic Analysis. Oxford University Press. |
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