Lecture: Behavioral and Experimental Economics (Lecture) - Details

Lecture: Behavioral and Experimental Economics (Lecture) - Details

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General information

Course name Lecture: Behavioral and Experimental Economics (Lecture)
Semester SoSe 2026
Current number of participants 34
Home institute VWL, insb. Empirische Mikroökonomik
Courses type Lecture in category Offizielle Lehrveranstaltungen
Next date Tuesday, 07.07.2026 10:15 - 11:45, Room: Großer Hörsaal [WiWi]
Lehrsprache(n) Englisch

Rooms and times

Großer Hörsaal [WiWi]
Tuesday: 10:15 - 11:45, weekly (13x)
Friday, 24.07.2026 08:00 - 10:00
Friday, 18.09.2026 14:00 - 16:00

Module assignments

Comment/Description

This course introduces students to Behavioral and Experimental Economics, combining economic theory with insights from psychology to better understand individual decision-making. It covers key behavioral concepts such as heuristics and biases, loss aversion and prospect theory, time inconsistency as well as social preferences and reciprocity, and examines how these challenge and extend the standard rational choice model. A central focus is on experimental methods, including laboratory and field experiments, to identify causal effects and test economic theories. Students learn to critically assess experimental evidence and its relevance for policy and real-world applications, replicate existing papers using the statistical software STATA as well as the theoretical basics of designing and running own experiments and statistically testing the resulting data.