Focuses on experimental tests of individual decision-making problems. Topics include: tests of bounded rationality, perception and memory biases, tests of Bayesian updating, confirmation bias, expectations formation, testing the axioms of expected utility, the Allais paradoxes, subjective expected utility and the Ellsberg paradox, choice over time, endowment effects and framing effects.

Prerequisites: Second year Ph.D. in Economics graduate student standing.

2

Units

Letter

Grading

1, 2, 3

Passtime

Graduate students only

Level Limit

Letters and science

College
These majors only econ
YANG JEFF
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Winter 2026 . Yang Jeff
NH 2212
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08:00 AM - 09:15 AM
Spring 2024 . T B A
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