ECONOMICS 219B

PSYCHOLOGY AND ECONOMICS
SPRING 2005
Professor Stefano DellaVigna
Office: 515 Evans Hall
Office Hours: Tuesdays 5:00 - 6:00 PM
Email: 		Course Location: 639 Evans Hall
Schedule: Wednesday 12 Noon - 3:00 PM

ANNOUNCEMENTS:

Next make up class is on Monday, April 25, 12pm-2pm in 4 Evans Hall. And, Wednesday, Apr 27 at the usual time and place.


READING LIST:

  • 04/20/05: Reading List



    • LECTURE NOTES:

    1. Introduction to Psychology and Economics, Present Bias
    2. Present Bias (Status Quo, 401ks)
    3. Present Bias (Health Clubs, Credit Cards, Deadlines)
    4. Present Bias (Summary) Reference Dependence: (Introduction, Labor Supply)
    5. Reference Dependence: (Labor Supply, Housing, Effect of Experience)
    6. Reference Dependence: (Summary. Framing: Decisions Under Risk)
    7. Framing: (Coherent Arbitrariness, Menu Effects, eBay, Fly-Paper Effect)
    8. Empirical Corporate Finance and Earnings Announcements
    9. Intro to Behavioral Asset Pricing Limited Arbitrage, Noise Traders, Event Studies & Event Study: Iraq War
    10. Market Reaction to Biases: (Introduction, Pricing, and Corporate Decisions)
    11. Market Reaction to Biases: (Pricing II, Corporate Decisions II, Employers, Betting, Political Economy); Welfare Response to Biases
    12. Attention (Introduction, Financial Markets, Voting) & Media (Data and Consumer Behavior)
    13. Media (Data, Bias & Focus Summary of Evidence); Imitation and Persuasion, Social Preferences (Summary of Evidence)
    14. Social Preferences II (Persuasion and Retirement Benefits) Overconfidence (Introduction, Trading, Mergers) Summary of Evidence, Some Advice & Course Evaluation


    HOMEWORK ASSIGNMENTS:

  • Homework #1:   Due February 1 By Noon
  • Homework #2:   Due February 8 By Noon
  • Homework #3:   Due February 15 at 12pm
  • Homework #4:   Due March 1 at 12pm
  • Homework #5:   Due March 15 at 12pm
  • Homework #6:   Due April 12 at 12pm
  • Homework #7:   Due April 17 at 6pm
  • Homework #8:   Due April 26 at 12pm
  • Homework #9:   Due May 3 at 12pm


    • PROBLEM SETS:

  • 04/13/05: Revised Problem Set on Earnings Announcements


    • EMPIRICAL PROBLEM SET ON EARNING ANNOUNCEMENTS:

  • Compressed Files
    		•

    Acrobat icon