Behavioral Economics of Risk and Learning

Harvard FAS

The seminar will focus on theoretical and experimental issues in behavioral economics. We will focus on two topics: risk and learning. How much risk are people willing to take and how their beliefs change in response to new data, so things like certainty effect, overconfidence, confirmation bias, belief polarization, stereotyping, etc. We will study relationships between mathematical models of individual behavior and the kinds of behavior we can observe in the lab. We will design experiments…