Describing observed behaviour in experiments and human decision making
by using concepts of Behavioural Economics
Central Topics:
- Need for Behavioural Economics, its development over the last
decades and its relevance for modern economics
- Choice under certainty
- Judgment under risk and uncertainty
- Choice under risk and uncertainty
- Intertemporal choices
- Strategic interaction
- Applications to the finance industry, to the insurance industry and to the
labour market
Economics and Oral examination (30 Min.)