UCSD Department of Economics




 

Economics 206, Decisions, Winter 2007


Instructor: Professor Vincent Crawford (vcrawfor@dss.ucsd.edu, 858-534-3452)

Office hours: Wednesdays 2:00-3:00 or by appointment, in Economics 319

Lectures: Mondays and Wednesdays, 11:00-12:20 in Economics 210.

Organization: The first half (approximately) will cover standard topics in the traditional theory of decisions. The second half will cover topics in behavioral decision theory. Instead of a final exam there will be two take-home mini-exams, one for each half. You must work on these individually, without consulting anyone but me. The first mini-exam will be posted on the website at 4 p.m. Wednesday, February 7, and due in the course mailbox in Economics Student Services by 4 p.m. Friday, February 9. The second mini-exam will be posted at 4 p.m. Wednesday, March 14, and due in the course mailbox by 4 p.m. Friday, March 16 (the last day of classes). The 48-hour time limits are intended as a humanitarian gesture, and should not be binding. The dates are firm except for extreme unforeseeable events, in which case exceptions must be requested as soon as possible. I will also post optional problem sets, which should be good practice for the exams, before each segment. The second exam will include a flexible essay question on behavioral decision theory, which will be posted by the second half. This question is meant to help you think about how to use behavioral decision theory to do economics; its choices give you some freedom to make it about the kind of economics you are interested in.

Course materials (download free Adobe Acrobat Reader for pdf files)

First half: Classical Decision Theory

Second half: Behavioral Decision Theory


Vincent Crawford / UCSD Department of Economics / last modified 3 December 2007

Copyright © Vincent P. Crawford, 2007. All federal and state copyrights reserved for all original material presented in this course through any medium, including lecture or print.