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 and uncertainty
5
Notation and mathematical background
6
Expected value
7
Axioms for Expected Utility Theory
8
Expected Utility Theory
9
Subjective expected utility theory
10
Expected utility examples
11
Anomalies in expected utility theory
12
Risk and uncertainty exercises
Prospect theory
13
Reference dependence
14
Loss aversion
15
The reflection effect
16
The value function
17
Probability weighting
18
Prospect theory implementation
19
Prospect theory examples
20
Prospect theory applications
21
Prospect theory exercises
Intertemporal choice
22
Exponential discounting
23
Exponential discounting examples
24
Exponential discounting anomalies
25
Present bias
26
Present bias examples
27
Sophisticated present bias
28
Commitment
29
Delayed gratification, spread and variation
30
Intertemporal choice applications
31
Intertemporal choice exercises
Probability theory
32
Probability foundations
33
Bayes’ rule
34
Probability theory exercises
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