Course code ECN304

ECN304 Behavioral and Experimental Economics

Check for course changes due to the coronavirus outbreak on Canvas and StudentWeb.

Norsk emneinformasjon

Search for other courses here

Showing course contents for the educational year starting in 2016 .

Course responsible: Stein Terje Holden
Teachers: Frode Alfnes, Øyvind Nystad Handberg
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course starts in Autumn parallel. This course has teaching/evaluation in Autumn parallel.
Course frequency: Annually
First time: 2012H
Preferential right:
Course contents:
Topics in behavioral economics: Rational vs. irrational behavior, uncertainty and expected utility, prospect theory, time preferences and discounting, risk preferences and responses to risk, altruism, fairness, trust. Topics in experimental design: Basic design issues, implementation of laboratory experiments, field experiments.
Learning outcome:
Get an overview of important lessons in behavioral economics including recent contributions in the literature, an overview of research methods in experimental behavioral economics including laboratory and field experiments.
Learning activities:
Lectures and exercises.
Teaching support:
Students will have access to detailed information about the course through Fronter.
A detailed list of readings will be presented at the beginning of the course. General textbook: Wilkinson, N. and Klaes, M. (2012). An Introduction to Behavioral Economics. 2nd Edition. Palgrave Macmillan.
Econometrics (ECN201), Statistics (STAT100), Microeconomics (ECN311).
Recommended prerequisites:
Mandatory activity:
Four compulsory exercises must have been submitted and accepted (quality check) before a candidate can take the exam. Exercises are valid until the next time the course is offered and for re-examination.
Written examination, 3.5 hours (100 %).
Nominal workload:
300 hours.
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse).
Reduction of credits:
Type of course:
Lectures 2 hours per week, exercises 0-2 hours per week
External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Allowed examination aids: No calculator, no other aids
Examination details: One written exam: A - E / Ikke bestått