21210490 - Behavioural and experimental economics

This course aims at illustrating the main theoretical and empirical aspects in the field of behavioural and experimental economics. The first part introduces the choice theory under certainty, risk and uncertainty, and intertemporal choice. The second part addresses choice architecture and the various aspects that explain how people actually make decisions. The third part is devoted to experimental economics, studying how to design experiments in the laboratory and in the field. The last part describes the use of behavioural and experimental economics for public policy.

By the end of this course, students will be able to manage:
1. The main theories of behavioural economics.
2. How to design an experiment in economics.
3. The main public policies that have made use of experiments and behavioural theories.

Curriculum

scheda docente | materiale didattico

Programma

1. Introduction to behavioural economics
2. Microeconomic principles
2.1 Choice under certainty
2.2 Choice under risk and uncertainty
2.3 Intertemporal choice
2.4 Introduction to game theory
3. Macroeconomic and policy principles
3.1 Behavioural public policies
3.2 Welfare economics, libertarian paternalism and nudge
4. Experimental economics

Testi Adottati

Essential
Angner, E. (2017). Economia comportamentale: guida alla teoria della scelta. Hoepli.
Baddeley, M. (2018). Behavioural economics and finance. Routledge.

Suggested
Kahneman, D. (2012). Pensieri lenti e veloci. Edizioni Mondadori.
Cialdini, R. B. (2007). Influence: The psychology of persuasion. New York: Collins.
Thaler, R. H. and Sunstein, C. R. (2009). Nudge: Improving decisions about health, wealth, and happiness. Penguin.

Modalità Frequenza

Attendance is not compulsory although highly recommended.

Modalità Valutazione

The assessment consists of a written exam and a practical test. Student can also take mid-term exams.

scheda docente | materiale didattico

Mutuazione: 21210490 Economia comportamentale e sperimentale in Economia e Gestione della Trasformazione Digitale LM-56 R SALUSTRI FRANCESCO

Programma

1. Introduction to behavioural economics
2. Microeconomic principles
2.1 Choice under certainty
2.2 Choice under risk and uncertainty
2.3 Intertemporal choice
2.4 Introduction to game theory
3. Macroeconomic and policy principles
3.1 Behavioural public policies
3.2 Welfare economics, libertarian paternalism and nudge
4. Experimental economics

Testi Adottati

Essential
Angner, E. (2017). Economia comportamentale: guida alla teoria della scelta. Hoepli.
Baddeley, M. (2018). Behavioural economics and finance. Routledge.

Suggested
Kahneman, D. (2012). Pensieri lenti e veloci. Edizioni Mondadori.
Cialdini, R. B. (2007). Influence: The psychology of persuasion. New York: Collins.
Thaler, R. H. and Sunstein, C. R. (2009). Nudge: Improving decisions about health, wealth, and happiness. Penguin.

Modalità Frequenza

Attendance is not compulsory although highly recommended.

Modalità Valutazione

The assessment consists of a written exam and a practical test. Student can also take mid-term exams.