The course gives a guided exploration of the new developments and insights of the field of behavioural economics, mainly motivated by the evolutionary changes in the major factors of production (labour, capital, technology, institutions). The course will contain material from outside of traditional economics, including insights from neuroscience, cognitive psychology, laboratory experiments, and historical studies. The diverse material in the course, including a considerable degree of mathematical formalisation, which will place relatively high demands on students. -- Course Website
Instructor: Prof P. Frijters