AEM 4140

Last Updated

  • Schedule of Classes - June 10, 2022 7:44AM EDT
  • Course Catalog - June 9, 2022 7:14PM EDT

AEM 4140
Behavioral Economics and Managerial Decisions

Course information provided by the Courses of Study 2021-2022.

Behavioral economics integrates psychology and economics by identifying systematic anomalies in decision making. These are now recognized to be an important source of error in business decisions, and they provide the foundation for both behavioral marketing and finance. The course compares rational choice theory with behavior both in lecture and through a series of economics experiments in which students face situations that are likely to lead to anomalies such as "the winner's curse," the status quo bias, hyperbolic discounting, and bias in assessing risks. Students have the opportunity to evaluate their own decision making.

When Offered Spring.

Fees Lab fee: $40.
Permission Note Enrollment limited to: juniors or seniors. Enrollment preference given to: Dyson students.
Prerequisites/Corequisites Prerequisite: AEM 2600 or ECON 3030 or PAM 2000.

Outcomes
  • Students will be able to explain the major decision making anomalies that constitute the core of behavioral economics.
  • Apply lessons from behavioral economics to actual business decision making.
  • Design laboratory experiments testing hypotheses from economics and psychology that relate to economic decision making.
  • Explain IRB requirements and procedures regarding human subjects and confidentiality.
  • Administer experiments and analyze the data.

View Enrollment Information

Syllabi:

  •   Regular Academic Session.  Choose one lecture and one discussion.

  • 3 Credits Graded

  •  9364 AEM 4140   LEC 001

  •  
    • T Warren Hall 175
    • Jan 24 - May 10, 2022

    • Fisher, G

  • Instruction Mode: In Person
    Prerequisite: AEM 2600, ECON 3030 or PAM 2000.

  • 19728 AEM 4140   LEC 002

  •  
    • T Warren Hall 175
    • Jan 24 - May 10, 2022

    • Fisher, G

  • Instruction Mode: In Person
    Prerequisite: AEM 2600, ECON 3030 or PAM 2000.

  •  9366 AEM 4140   DIS 203

  •  
    • R Warren Hall 102
    • Jan 24 - May 10, 2022

    • Staff

  • Instruction Mode: In Person

  • 19980 AEM 4140   DIS 204

  •  
    • R Warren Hall 102
    • Jan 24 - May 10, 2022

    • Staff

  • Instruction Mode: In Person

  • 19981 AEM 4140   DIS 205

  •  
    • R Warren Hall 102
    • Jan 24 - May 10, 2022

    • Staff

  • Instruction Mode: In Person

  • 19982 AEM 4140   DIS 206

  •  
    • R Warren Hall 102
    • Jan 24 - May 10, 2022

    • Staff

  • Instruction Mode: In Person

  • 19983 AEM 4140   DIS 207

  •  
    • R Warren Hall 102
    • Jan 24 - May 10, 2022

    • Staff

  • Instruction Mode: In Person