Billy Foster, PhD
Posts Tagged ‘behavioral economics’
Behavioral Economics
Course Numbers:
UIC – ECON 390
NEIU – ECON 341
“Non decipitur qui scit se decipi: he is not deceived who knows himself to be deceived.”
-Maxim of Roman Law
(from The Student’s Law Lexicon: A Dictionary of Legal Words and Phrases by William Cox Cochran)
“Homo economicus is dead, but whose Homo behavioralis will replace him?”
– Ken Binmore, University College London
INTRODUCTION
This course will discuss recent developments in behavioral economics. The focus will be on economic behavior, heuristics, and experimental economics.
REQUIRED TEXTS
Nudge: Improving Decisions About Health, Wealth, and Happiness
Richard Thaler and Cass R. Sunstein
Publisher: Yale University Press
ISBN: 0300122233
Thinking, Fast and Slow
Daniel Kahneman
Publisher: Farrar, Strauss and Giroux
ISBN: 978-0374275631
Predictably Irrational: The Hidden Forces That Shape Our Decisions
Dan Ariely
Publisher: HarperCollins
ISBN: 006135323X