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This course covers models of individual decision-making under certainty and uncertainty.

0

3

English

English [CC]

FREE

Description

Applications include risk sharing and financial markets; contracts and information economics; village economies and national development; models with money and credit; trade, spatial economics and differentiated commodities.

Course content

  • Choice Theory Unlimited
  • Decision Making Under Risk Unlimited
  • Attitudes Towards Risk Unlimited
  • Stochastic Dominance Unlimited
  • Decision Making under Uncertainty Unlimited
  • Alternatives to Expected Utility Theory Unlimited
  • Internal Conflict and Hyperbolic Discounting Unlimited

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Instructor

Massachusetts Institute of Technology
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