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Behavioral and Experimental Economics
(dt. Behavioral and Experimental Economics)

Level, degree of commitment Advanced module, compulsory elective module
Forms of teaching and learning,
workload		 Lectures, tutorial,
180 hours (Variant A: Contact hours: 56 hours (may partly take place in form of blended learning), Study time: 56 hours, Time to prepare for examination: 68 hours Variant A1: Contact hours: 28 hours, Study time: 84 hours, Time to prepare for examination: 68 hours Variant B: Contact hours: 56 hours (may partly take place in form of blended learning), Study time: 45 hours, Time for formative coursework: 34 hours, Time to prepare for examination: 45 hours)
Credit points,
formal requirements		 6 CP
Course requirement(s): Variant A none Variant B 6-8 Worksheets or presentation (10-30 min) or term paper (8-10 pages) oder test (30-60 min)
Examination type: Variant A: Written examination or term paper or presentation Variant B: Written examination or term paper or presentation
Language,
Grading		 English,
The grading is done with 0 to 15 points according to the examination regulations for the degree program M.Sc. Economics and Institutions.
Duration,
frequency		 One semester,
each semester
Person in charge of the module's outline Björn Vollan, Tim Friehe

Contents

This module contains selected research contributions which incorporate assumptions about cognitive ability, social interaction and moral motivation into economic theory and policy. Theoretical models and empirical findings that incorporate lessons from experimental economics, psychology, sociology and related disciplines are discussed. Welfare implications of policies for consumption, saving, investment and many other spheres of life are addressed.


Qualification Goals

Upon completion of the module, students will be able to,

(1) apply behavioral economic modifications of homo oeconomicus in models in order to make predictions about economic behavior

(2) as well as test this empirically using experimental designs and

(3) use these models to make predictions about economic behavior or to explain selected data.


Prerequisites

None.


Applicability

Module imported from M.Sc. Economics and Institutions.

When studying M.Sc. Business Mathematics, this module can be attended in the study area Business and Economics Focus Area: Economics.


Recommended Reading

(not specified)



Please note:

This page describes a module according to the latest valid module guide in Winter semester 2023/24. Most rules valid for a module are not covered by the examination regulations and can therefore be updated on a semesterly basis. The following versions are available in the online module guide:

The module guide contains all modules, independent of the current event offer. Please compare the current course catalogue in Marvin.

The information in this online module guide was created automatically. Legally binding is only the information in the examination regulations (Prüfungsordnung). If you notice any discrepancies or errors, we would be grateful for any advice.