MPE_BEEK Behavioral economics

Ekonomicko-správní fakulta
podzim 2021
2/1/0. 6 kr. Ukončení: zk.
doc. Ing. Rostislav Staněk, Ph.D. (přednášející)
doc. Ing. Rostislav Staněk, Ph.D.
Katedra ekonomie - Ekonomicko-správní fakulta
Kontaktní osoba: Mgr. Jarmila Šveňhová
Dodavatelské pracoviště: Katedra ekonomie - Ekonomicko-správní fakulta
St 16:00–17:50 P106, kromě St 15. 9., kromě St 3. 11.
  • Rozvrh seminárních/paralelních skupin:
MPE_BEEK/01: Út 10:00–11:50 S301, kromě Út 14. 9., kromě Út 2. 11.
Course participants should be familiar with microeconomics on a intermediate level and econometrics on a basic level.
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Mateřské obory/plány
Cíle předmětu
The aim of the course is to introduce students most prominent problems and methods in the field of behavioral economics. Behavioral economics considers the ways that people are more social, more impulsive, less adept at using information, and more susceptible to psychological biases than the standard economic models assume. Student will learn how behavioral economics modifies the model of rational behavior and explore consequences for individuals, firms and policy.
Výstupy z učení
At the end of the course, students, will be able to:
- identify evidence for departures of economic behavior from model of rational behavior, and behavioral explanations for these anomalies;
- synthesize different ideas, theories and empirical evidence within the behavioral economics;
- read and understand contemporary papers in the field of behavioral economics;
- estimate behavioral models using real-world data;
- incorporate behavioral perspective into the analysis of private and public policies;
- analyze data from experiments and surveys to answer questions relevant to the behavioral economics
  • 1. Decision under uncertainty
  • - Probability weightening
  • - Reference points
  • - Applications (e.g. labor supply, housing market)
  • 2. Time inconsistency, Self-control and commitment
  • - Exponential discounting
  • - Time inconsistency
  • - Self-control and commitment
  • - Applications (e.g. procrastination, drug policy)
  • 3. Information and biases
  • - Law of small numbers
  • - Confirmatory bias
  • - Overconfidence
  • - Applications
  • 4. Fairness and social preferences
  • - Evidence
  • - Distributional preferences and reciprocity
  • - Intrinsic and extrinsic motivation, crowding-out
    povinná literatura
  • WILKINSON, Nick a Matthias KLAES. An introduction to behavioral economics. 2nd edition. Houndmills: Palgrave Macmillan, 2012. xiii, 574. ISBN 9780230291461. info
    doporučená literatura
  • Behavioral economics and its applications. Edited by Peter A. Diamond - Hannu Vartiainen. Princeton: Princeton University Press, 2007. xvi, 312. ISBN 9780691122847. info
  • Advances in behavioral economics. Edited by Colin Camerer - George Loewenstein - Matthew Rabin. New York: Russell Sage Foundation, 2004. xxvi, 740. ISBN 0691116822. info
Výukové metody
Lectures, class discussion, data analysis, reading of scientific papers
Metody hodnocení
The evaluation of the course will be based on the work during the semester and on a final written test.
Vyučovací jazyk
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