Behavioral Economics

ECON-4270

Integrates theory from psychology, neuroscience, and other social sciences into traditional economic models of human behavior. By relaxing the standard assumptions of perfect rationality and selfishness, more realistic modeling features such as loss aversion, present-bias, social norms, and habit formation improve economic analyses. These techniques are used to analyze individuals' health behaviors, health insurance markets, and healthcare policy. Â

Past Term Data