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B030864 - COGNITIVE ECONOMICS
Main information
Teaching Language
Course Content
Suggested readings
Learning Objectives
Prerequisites
Course program
Academic Year 2022-23
Course year
Third year - Second Semester
Belonging Department
Economics and Management (DISEI)
Course Type
Single education field course
Scientific Area
SECS-P/01 - ECONOMICS
Credits
6
Teaching Hours
48
Teaching Term
20/02/2023 ⇒ 01/06/2023
Attendance required
No
Type of Evaluation
Final Grade
Course Content
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Course program
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Lectureship
Teaching Language
English
Course Content
The course introduces an interdisciplinary approach that combines methods of cognitive psychology, psychophysics and neuroscience with experimental economics and game theory to provide an exhaustive description of individual decision-making. The aim of the course is to illustrate how the study of decision-making processes, and more generally the functioning of the mind, can help understand the dynamics of individual economic choices.
Suggested readings (Search our library's catalogue)
Thinking Fast and Slow, by Daniel Kahneman
Learning Objectives
The course provides students with knowledge of the main theories of reasoning applied to individual decision-making and a detailed description of cognitive and emotional biases in economic decisions. The course describes different process-tracing methods (eye-tracking and mouse-movements) and provides an exhaustive description of how these techniques can be used in experimental economics.
Prerequisites
None
Course program
Course content: The course introduces an interdisciplinary approach that combines methods of cognitive psychology, psychophysics and neuroscience with experimental economics and game theory to provide an exhaustive description of individual decision-making. The aim of the course is to illustrate how the study of decision-making processes, and more generally the functioning of the mind, can help understand the dynamics of individual economic choices. The course also has the objective of transmitting to the student a general knowledge of the most advanced research techniques in the field of psychophysics, decision psychology and experimental economics.
Course program: The course provides students with knowledge of the main theories of reasoning applied to individual decision-making and a detailed description of cognitive and emotional biases in economic decisions. The course describes different process-tracing methods (eye-tracking and mouse-movements) and provides an exhaustive description of how these techniques can be used in experimental economics. The rest of the course is designed to provide the student with a comprehensive understanding of some basic concepts of game-theory and to provide an overview of the application of methods from psychophysics to the investigation of experimental game theory. The reference textbook is “Thinking fast and slow” by Daniel Kahneman. The teacher will also provide additional material during the course.
Course program: The course provides students with knowledge of the main theories of reasoning applied to individual decision-making and a detailed description of cognitive and emotional biases in economic decisions. The course describes different process-tracing methods (eye-tracking and mouse-movements) and provides an exhaustive description of how these techniques can be used in experimental economics. The rest of the course is designed to provide the student with a comprehensive understanding of some basic concepts of game-theory and to provide an overview of the application of methods from psychophysics to the investigation of experimental game theory. The reference textbook is “Thinking fast and slow” by Daniel Kahneman. The teacher will also provide additional material during the course.