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ECON-6270: Behavioral Economics
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<meta property="og:description" content="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.">
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<h1 id="name">
Behavioral Economics
</h1>
<h2 id="code">
ECON-6270
</h2>
<p>
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.
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3 credits
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none
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<th></th>
<th class="spring season-label">Spring</th>
<th class="summer season-label" colspan="2">Summer</th>
<th class="fall season-label">Fall</th>
</tr>
<tr>
<th colspan="2"></th>
<th class="summer2 midsum-label">(Session 1)</th>
<th class="summer3 midsum-label">(Session 2)</th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<th class="year">2024</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202401&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 3/5
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202409&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/5
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2023</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202301&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/5
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202309&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/5
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2022</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202201&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202209&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2021</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202101&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/10
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202109&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/10
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2020</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202001&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/10
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202009&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/10
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2019</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201909&subj_in=ECON&crse_in=6270&schd_in=">Behavioral Economics (3c)</a>
</span>
<ul class="prof-list">
<li>Ian S. Chadd</li>
</ul>
<span class="course-capacity">
Seats Taken: 6/10
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2018</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2017</th>
<td class="term spring not-offered">
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<th class="year">2016</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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</tr>
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<th class="year">2015</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2014</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2013</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2012</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
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<th class="year">2011</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
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<th class="year">2010</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
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<th class="year">2009</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2008</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2007</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2006</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2005</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2004</th>
<td class="term spring not-offered">
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<th class="year">2003</th>
<td class="term spring not-offered">
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<th class="year">2002</th>
<td class="term spring not-offered">
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<th class="year">2001</th>
<td class="term spring not-offered">
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<th class="year">2000</th>
<td class="term spring not-offered">
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<th class="year">1999</th>
<td class="term spring not-offered">
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<th class="year">1998</th>
<td class="term spring unscheduled">
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