Course code ECN304

ECN304 Behavioral and Experimental Economics

Norsk emneinformasjon

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Showing course contents for the educational year 2015 - 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: Study year 2012-2013
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:
Compulsory exercises
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