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The course addresses the following questions: What are the advantages and limitations of experimental economics? How important are deviations from the assumptions of full rationality and strict self-interest in determining outcomes of economic interaction? It is argued that identifying...
Persistent link: https://www.econbiz.de/10013454364
The conference organisers solicit submissions of papers whose novelty stems from the development and introduction of new econometric methods to models of climate change, while at the same time ensuring that the way these econometric tools are applied take into account the underlying physics of...
Persistent link: https://www.econbiz.de/10011476459
Students learn how the toolbox of experimental economics can be used in research, and learn to be critical consumers of the rapidly growing behavioral and experimental economics literature. More generally, the course contributes to a deeper understanding of the basic principles of rationality...
Persistent link: https://www.econbiz.de/10009496298
Investment projects typically consist of an initial investment and some uncertain dividend. An example could be to build a factory and sell the produce at an uncertain market price. In the course investment projects are seen as flexible in the sense that investor is able to decide when to invest...
Persistent link: https://www.econbiz.de/10009496299
- Students learn how the toolbox of experimental economics can be used in research, and learn to be critical consumers of the rapidly growing behavioral and experimental economics literature. More generally, the course contributes to a deeper understanding of the basic principles of rationality...
Persistent link: https://www.econbiz.de/10008911637
Investment projects typically consist of an initial investment and some uncertain dividend. An example could be to build a factory and sell the produce at an uncertain market price. In the course investment projects are seen as flexible in the sense that investor is able to decide when to invest...
Persistent link: https://www.econbiz.de/10008911639
The course aims at giving the student knowledge of game theory, non-cooperative as well as cooperative, and its applications in economic models. The student who successfully completed the course will learn the basic game theory and will be enabled to work further with advanced game theory. The...
Persistent link: https://www.econbiz.de/10008911640
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