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Behavioral and Experimental Economics

Code 18199
Year 1
Semester S1
ECTS Credits 6
Workload TP(30H)
Scientific area Economics
Entry requirements NA
Learning outcomes 1. Understand experimental methodology in the laboratory and in the field.
2. Identify the various stages of an experiment and know the supporting documents for the experiment.
3. Understand the role of experiments in the development of economic science.
4. Discuss limitations of the methodology and results
5. Analyze and interpret the results of economic experiments.
6. Understand the link between economics and psychology.
7. Identify the main contributions of Behavioral Economics
8. Discuss the differentiating features of the field of Behavioral Economics
Syllabus 1. experimental methodology: stages; briefing of the experiment; control group and experimental group;
2. Advantages and limitations of economic experiments
3. Economics and Psychology: Principles of neuroeconomics. Rationality and emotion.
4. Introduction to Behavioral Economics
5. Main themes of Behavioral Economics: Incentives; Perception and consumption; Social preferences; Public choice; Cognitive and choice biases; Decisions under risk and uncertainty; Intertemporal decisions; Behavioral Public Policies
Main Bibliography Nicholas Jacquement and Olivier L’Haridon (2018), Experimental Economics: Method and Applications, Princeton University Press Richard H. Thaler and Cass R. Sunstein (2018), Nudge: improving decisions about health, wealth, and happiness, Yale University Press Philip Corr and Anke Plagnol (2023), Behavioral Economics: The Basics, Routledge
Erik Anger (2016), A Course in Behavioral Economics, Palgrave Scientific papers
Teaching Methodologies and Assessment Criteria The classes are theoretical-practical, with theoretical topics explained followed by the application of theoretical concepts. Scientific articles on the program's topics will also be presented in class.
Language Portuguese. Tutorial support is available in English.
Last updated on: 2026-02-22

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