PSYb2950 Behavioral Economics: Psychology Meets Economics

Fakulta sociálních studií
podzim 2021
Rozsah
0/2/0. 4 kr. Ukončení: k.
Vyučující
Ing. Bc. Michal Ďuriník, Ph.D. (přednášející)
doc. Ing. Mgr. Jakub Procházka, Ph.D. (přednášející)
Garance
doc. Ing. Mgr. Jakub Procházka, Ph.D.
Katedra psychologie – Fakulta sociálních studií
Kontaktní osoba: Ing. Bc. Michal Ďuriník, Ph.D.
Dodavatelské pracoviště: Katedra psychologie – Fakulta sociálních studií
Rozvrh
Čt 14. 10. 16:00–19:40 U35, Čt 21. 10. 16:00–19:40 U33, Čt 4. 11. 16:00–19:40 P22, Čt 11. 11. 16:00–19:40 U35
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Předmět si smí zapsat nejvýše 40 stud.
Momentální stav registrace a zápisu: zapsáno: 2/40, pouze zareg.: 0/40, pouze zareg. s předností (mateřské obory): 0/40
Mateřské obory/plány
předmět má 19 mateřských oborů, zobrazit
Cíle předmětu
Předmět je vyučován v angličtině.

Both Economics and Psychology share an interest in people’s decision making and the forces that shape it. This hands-on course brings both fields together and discusses various approaches to investigating the same questions. Topics covered include pro-social preferences (altruism, trust, reciprocity), risk perception, (ir)rationality, cooperation and coordination, fairness and more. Furthermore, the course provides students with grounds to develop their academic writing, presentation skills and ability to express themselves concisely and to the point.
Výstupy z učení
Upon completing the course, the student will:
-Be able to discuss different perspectives on the topics discussed in the course;
-Have an understanding of the topics Psychology and Economics share an interest in;
-Be able to explain the difference between experiments in Psychology and Economics and outline proc and cons of each approach;
-Be able to explain how experiments can help design markets and public policy;
-To distinguish a well-designed experimental study from a poorly designed one;
-Have the knowledge and skills to design an economic experiment;
Osnova
  • Meeting 1 Introductions, expectation management, introduction into building the Psychology-Economics connection. What is Economics and why is it closer to Psychology than commonly believed. Introduction to the experimental method in Economics. What are markets? What is the role of prices?
  • Meeting 2 How rational are we and what does it actually mean? What is rationality? What are preferences? Endowment effect. Time preferences. Procrastination.
  • Meeting 3 What is money and can it buy happiness? Market bubbles, auctions. What about bitcoin? Global financial crisis of 2008 from a psychological and moral perspective.
  • Meeting 4 Humans as social animals. Pro-social preferences: trust, reciprocity, altruism, fairness, equality. Finding solutions to problems through property rights. How institutions help.
  • Meeting 5 Game theory. Cooperation, coordination, communication. Deception and lying. Sharing common resources. Economist’s take on environmental problems and how to solve them.
  • Meeting 6 Group identity in economics. How do we use all this? Nudging. Opportunity costs. Project-applying final touches.
  • Meeting 7 Q&A, topic of student choice will be discussed if elected in advance. Presentation of 1/2 of the final Projects.
  • Meeting 8 The final Project presentations, wrap-up and feedback sessions.
Literatura
    povinná literatura
  • KAHNEMAN, Daniel. Thinking, fast and slow. 1st ed. New York: Farrar, Straus and Giroux, 2011, 499 s. ISBN 9780374533557. info
  • ARIELY, Dan. Predictably irrational : the hidden forces that shape our decisions. Revised and expanded edition. London: Harper, 2009, xxxii, 353. ISBN 9780007256532. info
    doporučená literatura
  • ANGNER, Erik. A Course in Behavioral Economics (2nd Edition). Red Globe Press, 2016, 336 s. ISBN 978-1-137-51292-5. info
  • BARDSLEY, Nick. Experimental economics : rethinking the rules. Princeton: Princeton University Press, 2010, viii, 375. ISBN 9780691124797. info
  • THALER, Richard H. a Cass R. SUNSTEIN. Nudge : improving decisions about health, wealth, and happiness. Revised ed. London: Penguin Books, 2009, x, 305. ISBN 9780141040011. info
  • Advances in behavioral economics. Edited by Colin Camerer - George Loewenstein - Matthew Rabin. New York: Russell Sage Foundation, 2004, xxvi, 740. ISBN 0691116822. info
Výukové metody
lectures, class discussion, group projects, homework, reading, in-class experiments
Metody hodnocení
Students can miss one class without any explanation. For 2nd and further missed classes explanation (e.g. a doctor's note) needs to be provided or the class can be substituted by an essay assigned by the teacher. Students can collect 100 000 points throughout the semester. To pass, 50 001 or more points need to be collected. How to earn points:
50% of the total points for the Project and its presentation
30% for in-class experiments
20% for preparing and delivering a mini-lecture

To provide a hands-on experience, the class includes experiments and activities incentivized by points. It is strongly recommended to participate in these. If, for any reason, you do not wish to participate, talk to the teacher who will assign you an essay worth 30% of the grade.
Vyučovací jazyk
Angličtina
Informace učitele
https://is.muni.cz/auth/predmet/fss/podzim2019/PSYB2950
Další komentáře
Studijní materiály
Předmět je vyučován každoročně.
Předmět je zařazen také v obdobích podzim 2019, podzim 2020, podzim 2022, podzim 2023, podzim 2024.