UNAL - DNIA - Plataforma Moodle

Human behavior is plagued with "anomalies", deviations from what is expected of self-regarding and fully rational individuals who use available information in the best possible way. Behavioral economics draws insights from other academic disciplines, especially from psychology, to explain such anomalies and to further our understanding of human behavior. By understanding the motives for our ``anomalous’’ behavior we can (i) avoid the costs associated with sub-optimal decision making—in our lives and the lives of the people that surround us—, and (ii) increase our ability to predict human behavior.

Note that, while there are no pre-requisites to this course, it is strongly recommended that the student is familiarized with choice theory. Also, students are expected to attend at least 80% of the classroom encounters.