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Behavioral Economics

Many students are interested in learning about behavioral economics. An easy way to describe this new and trendy field of economics is to say that it studies how individuals make choices with a special emphasis on the situations where these choices are different from what a traditional economist would have expected or predicted (assumptions about preferences underlying the Utility function, rationality, etc.).

In Comm295 we cover some of the basic behavioral results related to repeated games (lecture #16) and choice under uncertainty (lecture #18).

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