Notes on behavioural economics
Blog
About
Practice problems
Preface
Economic foundations
1
Preferences
2
Rationality
3
Utility
4
Economic foundation exercises
Decision making under risk
5
Notation and mathematical background
6
Expected value
7
Axioms for Expected Utility Theory
8
Expected Utility Theory
9
Expected utility examples
10
Anomalies in expected utility theory
11
Decision making under risk exercises
Prospect theory
12
Reference dependence
13
Loss aversion
14
The reflection effect
15
The value function
16
Probability weighting
17
Prospect theory implementation
18
Prospect theory examples
19
Prospect theory applications
20
Prospect theory exercises
Intertemporal choice
21
Exponential discounting
22
Exponential discounting examples
23
Exponential discounting anomalies
24
Present bias
25
Present bias examples
26
Sophisticated present bias
27
Commitment
28
Delayed gratification, spread and variation
29
Intertemporal choice applications
30
Intertemporal choice exercises
Probability foundations
31
Probability theory
32
Bayes’ rule
33
Probability theory exercises
34
Subjective expected utility theory
Heuristics and biases
35
Heuristics
36
Biases in probability judgment
37
Heuristics and the bias-variance trade-off
38
Overconfidence
39
Heuristics and biases exercises
Game theory
40
Simultaneous-move one-shot games
41
Sequential games
42
Asymmetric information
43
Strategic moves and commitment
44
Game theory exercises
Behavioural game theory
45
Level-k thinking
46
Asymmetric information and the curse of knowledge
47
Emotions
48
Behavioural game theory exercises
Social preferences
49
People care about resource distribution
50
Reputation
51
Reciprocity
52
Social preferences exercises
Practice problems
53
Expected utility theory problems
54
Prospect theory problems
55
Intertemporal choice problems
56
Beliefs problems
57
Behavioural game theory problems
References
Practice problems
This section comprises practice problems drawn from past assessments delivered in the subject.
52
Social preferences exercises
53
Expected utility theory problems