Second-Year Behavioural Economics, University of Oxford, Michaelmas Term, 2013

Sechedule change:

I will take Professor Mukerji's first hour on Tuesday of week 3 (2 to 3 p.m. on 29th October), using it to finish up our discussion of learning. Professor Mukerji will then add an hour on Tuesday of week 5 (2 to 3 p.m. on 12th November) to make up his lost hour in week 3. I will then add an hour on reference-dependence and labour supply ("Mugs, Cabs,..." below) in my first hour on Tuesday of week 6 (2 to 3 p.m. on 19th November, continuing from there with "Strategic Thinking" as planned.

Paternalistic advice:

Don't miss Doug Bernheim's Clarendon Lectures, 5:30 p.m. 18-20 November. 

Instructor: Professor
Vincent Crawford (co-taught with Professor Sujoy Mukerji; please also see his page for the course, linked on the Department's course page)


Office hours: By email appointment, usually at All Souls unless appointment is close to class time.

Our teaching assistant, Pawel Dzielwulski (pawel.dziewulski at, will hold classes in the latter part of the term to discuss the problem sets (times and location to be arranged). The first class will cover my problem set on decisions, the second and third will cover Professor Mukerji's problem sets on decisions, and the last two will cover the first and second halves of my problem set on games.

Course materials (this section includes all materials that are directly relevant to the Michaelmas 2013 offering; course materials from earlier offerings that have not been superseded are linked below)




Course materials from earlier offerings in 2010-12 that have not been superseded; but not directly relevant to the Michaelmas 2013 offering

Survey on Decisions (pdf)

Lecture Slides on Behavioural Uncertainty (pdf)

"A Reality Check for Home Sellers" by Austan Goolsbee (amusing optional reading; html)

"Taxi Drivers and Beauty Contests" by Colin Camerer (amusing optional reading; pdf)

Lecture Slides on Behavioural Judgement (pdf)

"Wall Street self-defense: Born Suckers: The Greatest Wall Street Danger of All: You," by Henry Blodget, Slate, December 14, 2004 (amusing optional reading; html)


"Meet Hollywood's Latest Genius: Then again, in 6 months he could be a loser. Box-office success is more random than you may think," by Leonard Mlodinow, LA Times, July 2, 2006 (amusing optional reading;(html)

Additional Practice Problems on Decisions (many not directly relevant to current offering; pdf)

Survey on Games (pdf)

Vincent Crawford / University of Oxford Department of Economics/last modified 24 October 2013

Copyright Vincent P. Crawford, 2013. All federal and state copyrights reserved for all original material presented in this course through any medium, including lecture or print.