Guía docente de Economía del Comportamiento (M56/56/1/23)

Curso 2022/2023
Fecha de aprobación por la Comisión Académica 15/07/2022

Máster

Máster Universitario en Economía / Economics

Módulo

Módulo II: Segundo Trimestre

Rama

Ciencias Sociales y Jurídicas

Centro Responsable del título

International School for Postgraduate Studies

Semestre

Primero

Créditos

4

Tipo

Optativa

Tipo de enseñanza

Presencial

Profesorado

  • Lorenzo Ductor Gómez

Tutorías

Lorenzo Ductor Gómez

Email
  • Primer semestre
    • Lunes 10:00 a 16:00 (Empre. Desp. B320)
  • Segundo semestre
    • Martes 15:30 a 18:30 (Empre. Desp. B320)
    • Martes 9:30 a 12:30 (Empre. Desp. B320)

Breve descripción de contenidos (Según memoria de verificación del Máster)

  • Economic models to try to explain the anomalies that continue to challenge standard economic analysis.
  • Study of the general models of neoclassical style, but relaxing the conventional assumption based on the strong hypothesis of unlimited rationality.
  • Generalized models are developed allowing more common behavior patterns and more related to the complexity of human behavior.

Prerrequisitos y/o Recomendaciones

  • A minimal knowledge on Microeconomics and Game Theory is required. Students should be also familiar with basic fundamentals on Statistical Inference at B.A. level.

Competencias

Competencias Básicas

  • CB6. Poseer y comprender conocimientos que aporten una base u oportunidad de ser originales en desarrollo y/o aplicación de ideas, a menudo en un contexto de investigación.
  • CB7. Que los estudiantes sepan aplicar los conocimientos adquiridos y su capacidad de resolución de problemas en entornos nuevos o poco conocidos dentro de contextos más amplios (o multidisciplinares) relacionados con su área de estudio.
  • CB8. Que los estudiantes sean capaces de integrar conocimientos y enfrentarse a la complejidad de formular juicios a partir de una información que, siendo incompleta o limitada, incluya reflexiones sobre las responsabilidades sociales y éticas vinculadas a la aplicación de sus conocimientos y juicios.
  • CB9. Que los estudiantes sepan comunicar sus conclusiones y los conocimientos y razones últimas que las sustentan a públicos especializados y no especializados de un modo claro y sin ambigüedades.
  • CB10. Que los estudiantes posean las habilidades de aprendizaje que les permitan continuar estudiando de un modo que habrá de ser en gran medida autodirigido o autónomo.

Resultados de aprendizaje (Objetivos)

  • Recognize the importance of behavioral biases and its effects on decision making.
  • Identify relevant problems in research in behavioral economics.
  • Gather evidence (literature, empirical, theoretical, etc.) for empirical analysis.
  • Modify theories and experiments to solve a newfangled problem.
  • Design field experiments to solve a newfangled problem
  • Identify the relevant conclusions.

Programa de contenidos Teóricos y Prácticos

Teórico

  • Theories and evidence related to the psychology of economic decision making.
  • Methods of experimental economics.
  • Topics to be covered include:
    • cognitive biases,
    • alternatives to expected utility theory,
    • social preferences,
    • social network analysis.
  • Apply all the different steps in the process of making an experiment:
    • design,
    • implementation,
    • analysis of the results.

Práctico

  • Practices (exercises, reviews of articles or cases studies) related to the different theoretical topics of the course.

Bibliografía

Bibliografía fundamental

  • Judgment in Managerial Decision Making, Max H. Bazerman and Don A. Moore, Wiley October 2012
  • The Handbook of Experimental Economics, John Kagel and Alvin E. Roth, editors, Princeton University Press, 1995.
  • Behavioral Game Theory: Experiments in Strategic Interaction, Colin Camerer, Princeton University Press, April 2003.
  • Advances in Behavioral Economics, Colin F. Camerer, George Loewenstein, Matthew Rabin, editors, Princeton University Press, February 2004.

 

Bibliografía complementaria

  • Social and economic networks. Matthew O. Jackson, Princeton university press, 2008.
  • For specific topics: material (research papers, slides, notes) will be provided to students.

Metodología docente

Evaluación (instrumentos de evaluación, criterios de evaluación y porcentaje sobre la calificación final.)

Evaluación Ordinaria

  • Article 17 of the UGR Assessment Policy and Regulations establishes that the ordinary assessment session (convocatoria ordinaria) will preferably be based on the continuous assessment of students, except for those who have been granted the right to a single final assessment (evaluación única final), which is an assessment method that only takes a final exam into account. 
  • With the purpose of assessing the acquisition of the contents and competencies to develop in the subject, the following assessment procedure will be used, continuous assessment being optional:
    • Class attendance (15%). Computed as the percentage of the sessions the student assist. Active participation in discussion sessions and the degree of interest of the interventions will be assessed. Seminars specific to this subject, if any, are compulsory.
    • Presentation of a paper or field intervention (35%). It will be necessary to make a presentation of a paper or field intervention per student. To encourage critical thinking, students are also expected to discuss the paper presented by their peers.
    • Design of original research study (50%). The acquisition of skills, aptitudes and knowledge derived from the course through a presentation of an original experimental design (lab or field experiment) and the writing of a short research paper (6-8 pages) based on that original experimental design.

Evaluación Extraordinaria

  • Article 19 of the UGR Assessment Policy and Regulations establishes that students who have not passed a course in the ordinary assessment session (convocatoria ordinaria) will have access to an extraordinary assessment session (convocatoria extraordinaria). All students may take part in this extraordinary assessment session, regardless of whether or not they have followed continuous assessment activities. In this way, students who have not carried out continuous assessment activities will have the opportunity to obtain 100% of their mark by means of an exam and/or assignment.
  • Date of the extraordinary exam will be fixed at least 15 days before the exam. The grade of this exam will be computed as follows:
    • A presentation of a paper or field intervention (30%).
    • A presentation of an original experimental design and writing a short research paper (6-8 pages) based on that original experimental design (70%).

Evaluación única final

  • Article 8 of the UGR Assessment Policy and Regulations establishes that students who are unable to follow continuous assessment methods due to justifiable reasons shall have recourse to a single final assessment (evaluación única final), which is an assessment method that only takes a final exam into account. In order to opt for a single final assessment (evaluación única final), students must send a request, using the corresponding online procedure, to the coordinator of the master’s programme, in the first two weeks of the course or in the two weeks following their enrolment (if the enrolment has taken place after the classes have already begun). The coordinator will communicate this information to the relevant teaching staff members, citing and verifying the reasons why the student is unable to follow the continuous assessment system.
  • The single final assessment is obtained as 100% of the grade through an assessment of the same type as the extraordinary exam described in the previous section.

Información adicional