Short Course Description
Course description: Most economic theories start from a model of individual decision making and then use it as a building block to model interaction between agents, groups of agents and firms, the economy as a whole, etc. In this course, we study a suite of standard models, discuss critiques of these models, and introduce alternative models (sometimes known as ``exotic preferences??) that deal with these critiques. For example, we will discuss topics such as present bias, temptation and self-control, non-expected utility, and ambiguity.
Full Syllabus
