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Behavioural Economics

This class was created by Brainscape user Alex Murdoch. Visit their profile to learn more about the creator.

By: Alex Murdoch
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Decks in this class (6)

Topic 1 - Part 1: Rational Choice
What type of relations are these ...,
Example betsy is younger than alf...,
What does the term universe specify
33  cards
Topic 1 - Part 2: Decision Making Under Certainty
Standard theory assumes that util...,
There is evidence that choices ma...,
Low volume of trade is producedma...
26  cards
Topic 2: Judgment Under Risk and Uncertainty
The standard economic assumption ...,
Uncertainty,
Risk
26  cards
Topic 3 - Part 1: Decision Making Under Risk & Uncertainty
What theory has dominated economi...,
In eut how are choices evaluated,
What is a prospect in the context...
28  cards
Topic 3 - Part 2: Decision making Under Risk And Uncertainty
Theory is developed as an alterna...,
The overall value of an edited pr...,
The first scale v assigns to each...
32  cards
Topic 4 - Part 1: Intertemporal Choice
Intertemporal choices relate to d...,
The basic premise of the discount...,
Dum exponential discountingalso c...
21  cards

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Behavioural Economics

  • Class purpose General learning

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