Lecture

Beyond Rationality: Behavioral Economics

Description

This lecture explores choice models with latent variables, going beyond rationality to understand human decision-making. Through examples like pain tolerance tests and subscription choices, the instructor delves into concepts like the decoy effect and irrational decision patterns.

In MOOCs (2)

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_ca14ny57

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