Seminar: Behavioral Economics in Action (winter/summer)
- Course number: 10145400
- Level: Bachelor
- Semester: Winter / Summer
- Language: English
- Credits: 5 ECTS
About the course
Why do people volunteer and donate to charitable causes? Why do we often eat unhealthy food, exercise too little, and struggle with completing important tasks in a timely manner? Why do most people think that they are better-than-average drivers, entrepreneurs, lovers, ... ? From the perspective of conventional economic theory, these questions are difficult to explain. Behavioral Economics is an attempt to shed light on these and other puzzling phenomena. By enriching the traditional economic model with a psychologically more accurate foundation of human behavior, Behavioral Economics aims at improving the predictive power of economic models and the resulting policy recommendations.
In this seminar, we will discuss the psychological foundations of human behavior and their economic implications. Students will present the empirical regularities that have inspired the development of Behavioral Economics and discuss a number of applications where insights from Behavioral Economics have contributed to a better understanding of individual behavior and market outcomes.
Course registration
Information about the course registration can be found HERE
Further information (Winter 2025/26)
