Berkeley ECON 219B - Syllabus (18 pages)

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Syllabus



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Syllabus

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Lecture Notes


Pages:
18
School:
University of California, Berkeley
Course:
Econ 219b - Applications of Psychology and Economics

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Applications of Psychology and Economics Econ 219B Spring 2004 Wednesday 12 3 639 Evans Hall Instructor Stefano DellaVigna 515 Evans Hall sdellavi econ berkeley edu Office Hours Tu 5 6 Syllabus Features of this course This course is the continuation of the 219A class in Psychology and Economics Theory taught by Botond Koszegi As in 219A we will keep emphasizing the psychological evidence as the basis for sound economic analysis This should surprise nobody given the name by which the course and the field goes We will also insist on the importance of neoclassical theory as a very successful benchmark that you are required to know Finally several topics of this course are designed to be the empirical counterpart of the theory covered in 219A This is in particular true for the sections on Self Control Reference Dependent Preferences and Social Preferences There are two main differences between 219A and 219B First this class has largely an empirical orientation as opposed to the theoretical orientation of 219B The emphasis on data just reflects the empirical status of economics In particular the success of the Psychology and Economics approach will depend on the empirical explanatory power of its theories Can this approach explain evidence that the neoclassical model struggles with Can it do so using parsimonious models In 219B I will present empirical papers drawn from a variety of fields to try to address these questions We will touch on consumption public economics labor economics industrial organization political economy asset pricing and corporate finance The second main feature of the course will be its emphasis on dissertation writing This will be apparent in the exposition of the topics More often than not we will note that the available empirical evidence barely scratches the surface While this is a drawback for the field it is a great opportunity for students planning to work in the area In very few other fields there are so many important questions that still



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