by Summary:
This video gives a motivating example for prospect theory where individuals' preferences can't be explained using the traditional expected utility framework. In addition, the lecture contains an interesting discussion regarding experimental best practices. As told to my students at Northeastern University. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr:
Topics:
Jodi Beggs considers the following as important:
This could be interesting, too:
This video gives a motivating example for prospect theory where individuals' preferences can't be explained using the traditional expected utility framework. In addition, the lecture contains an interesting discussion regarding experimental best practices. As told to my students at Northeastern University. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr:
Topics:
Jodi Beggs considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Post-real economics — a severe case of mathiness
New Economics Foundation writes Energy bills are falling – but the UK is still not protected from future price shocks
Lars Pålsson Syll writes Perché la trasformazione del capitalismo è necessaria
New Economics Foundation writes New Economics Podcast: Do we need to fight for the right to protest?
| This video gives a motivating example for prospect theory where individuals' preferences can't be explained using the traditional expected utility framework. In addition, the lecture contains an interesting discussion regarding experimental best practices. As told to my students at Northeastern University. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com |