SPRING 2017, ECON 219B - APPLICATIONS OF PSYCHOLOGY ECONOMICS
Time
WEDNESDAY 12 NOON - 3PM
Location
639 Evans Hall
Instructor:
Office:
515 EVANS HALL
Office Hours:
Thursday 11:30am-1:30pm and schedule by email
E-mail:
Syllabus
Problem Sets and Answers
Reference Dependence
Lecture Notes
1. Introduction
2. Psychology and Economics: The Topics
3. Psychology and Economics: Empirical Methods
4. Psychology and Economics by Field
5. Methodology: Reading the Psychology Journals
6. Defaults and Retirement Savings: The Facts
7. Comparison to Effect of Financial Education
1. Default Effects and Present Bias
2. Default Effects in Other Decisions
3. Default Effects: Alternative Explanations
4. Present Bias and Consumption
5. Investment Goods: Homework
6. Investment Goods: Exercise
7. Investment Goods: Job Search
1. Investment Goods: Work Effort
2. Leisure Goods: Credit Card Borrowing
3. Leisure Goods: Consumption and Savings
4. Leisure Goods: Commitment and Savings
5. Leisure Goods: Drinking
6. Methodology: Commitment Field Experiments
7. Laboratory Experiments on Present Bias
8. Methodology: Errors in Applying Present-Biased Preferences
9. (Additional Applications of Present Bias)
Heavily Concentrated Alcohol Consumption in India
1. Laboratory Experiments on Present Bias
2. Methodology: Errors in Applying Present-Biased Preferences
3. Reference Dependence: Introduction
4. Reference Dependence: Housing I
5. Methodology: Bunching-Based Evidence of Reference Dependence
6. Reference Dependence: Housing II
7. Reference Dependence: Tax Elusion
8. Reference Dependence: Goals
9. Reference Dependence: Mergers
1. Reference Dependence: Mergers
2. Reference Dependence: Non-Bunching Papers
3. Reference Dependence: Labor Supply
4. Reference Dependence: Employment and Effort
5. Reference Dependence: Domestic Violence
6. Reference Dependence: Insurance
1. Reference Dependence: Equity Premium
2. Reference Dependence: Job Search
3. Reference Points: Forward vs. Backward Looking
4. Reference Dependence: Endowment Effect
5. Reference Dependence-KR: Effort
6. Social Preferences Wave I: Altruism
7. Workplace Effort: Altruism
8. Shaping Social Preferences
1. Social Preferences Wave I: Warm Glow and Charitable Giving
2. Social Preferences Wave II: Inequity Aversion and Reciprocity
3. Workplace Effort: Inequity Aversion
4. Methodology: Field Experiments
5. Social Preferences Wave III: Social Pressure and Signalling
6. Social Pressure I
7. Social Pressure II: Charitable Giving
1. Social Pressure II: Charitable Giving II
2. Workplace: Gift Exchange
3. Charitable Giving: Gift Exchange
4. Signaling
5. Non-Standard Beliefs
6. Overconfidence
7. Law of Small Numbers
1. Overconfidence
2. Law of Small Numbers
3. Projection Bias
4. Non-Standard Decision-Making
5. Attention: Introduction
6. Attention: Simple Model
7. Attention: eBay Auctions
Outline
1. Attention: Taxes
2. Attention: Left Digits
3. Attention: Financial Markets
4. Methodology: Portfolio Methodology
5. Attention: Financial Markets II
6. Framing
7. Menu Effects: Introduction
8. Menu Effects: Choice Avoidance
9. Menu Effects: Preference for Familiar
10. Menu Effects: Preference for Salient
1. Menu Effects: Confusion
2. Persuasion
3. Emotions: Mood
4. Emotions: Arousal
5. Methodology: Lab and Field Experiments
6. Happiness
7. Market Reaction to Biases: Introduction
8. Market Reaction to Biases: Pricing
1. Methodology: Structural Behavioral Economics
2. Market Reaction to Biases: Behavioral IO
3. Market Reaction to Biases: Behavioral Firms
4. Methodology: Markets and Non-Standard Behavior
5. Market Reaction to Biases: Behavioral Finance
6. Market Reaction to Biases: Corporate Decisions
7. Market Reaction to Biases: Political Economy I
1. Market Reaction to Biases: Behavioral Finance
2. Market Reaction to Biases: Corporate Decisions
3. Market Reaction to Biases: Political Economy
4. Market Reaction to Biases: Employers
5. Welfare Response to Biases
6. Concluding Remarks
7. Teaching Evaluation