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Apr 19, 2024
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ECON 4270 - Behavioral Economics
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.
Prerequisites/Corequisites: ECON 1200 or IHSS 1200 and MATH 1010 or MATH 1500 .
When Offered: Fall and spring terms annually.
Cross Listed: ECON 6270 .
Credit Hours: 4
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