What decisions do we take when they involve others' choices and welfare?
Studies show that people do take into consideration the consequences that
their decisions will have on others. They also predict what others will do and
decide accordingly.
We will read and discuss papers about the psychological factors that underpin
decision-making when interacting with others. We will see that these
decisions depend on social or “other-regarding” preferences and we look at
different attempts to specify what these preferences are. The decisions taken
when interacting with others also depend on how others are predicted to
behave. We will investigate how these predictions are formed and their effects
on decision-making.
The course will have three parts:
1. An introduction to behavioural economics
2. Studies on other-regarding preferences
3. Studies on strategic decision making

Venue: Oktober 6 street 7, 1st floor, room 103.