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Neuroeconomics
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Neuroeconomics
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Academic year 2023/2024
- Course ID
- NEU0276
- Teachers
- Ugo Merlone (Lecturer)
Olga Dal Monte (Lecturer) - Year
- 2nd year
- Teaching period
- First semester
- Type
- Related or integrative
- Credits/Recognition
- 4
- Course disciplinary sector (SSD)
- M-PSI/02 - psychobiology and physiological psychology
SECS-S/06 - mathematical methods of economy, finance and actuarial sciences - Delivery
- Formal authority
- Language
- English
- Attendance
- Optional
- Type of examination
- Written and oral
- Prerequisites
- NEUROECONOMICS I (3 CFU - Prof. Ugo Merlone)
Elementary mathematics: equations, inequalities, and analytic geometry.
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Sommario del corso
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Course objectives
The course is an introduction to behavioral economics: the attempt to incorporate insights from psychology into economics. In the course, we will study how behavioral economists explain a range of psychological and social phenomena, and how those explanations differ from standard economic ones. In particular, we will study various ways in which (apparent) irrationality influences people’s judgment and decision-making.
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Results of learning outcomes
NEUROECONOMICS I (3 CFU - Prof. Ugo Merlone)
Understanding of elements and limitations of normative theories on choice under certainty, choice, and judgment under risk and uncertainty, basic aspects of intertemporal choice, and strategic interaction.
NEUROECONOMICS II (1 CFU - Prof. Olga Dal Monte)
This course aims to provide deep and broad knowledge about Social Decision-making Neuroscience, its theoretical models, and the experimental paradigms used in this field. At the end of the course, students should become acquainted with basic neuroscientific principles underlying the neuroanatomical and neurofunctional underpinning of neuroeconomics and game theory.
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Program
NEUROECONOMICS I (3 CFU - Prof. Ugo Merlone)
A broad introduction on:
- Choice under certainty
- Judgement under risk and uncertainty
- Choice under risk and uncertainty
- Intertemporal choice
- Strategic Interaction
Then one or more topics will be examined in depth.
NEUROECONOMICS II (1 CFU - Prof. Olga Dal Monte)
A broad introduction on:
- Social decision-making
- The neural basis of reward system
- The neural basis of choice under risk and uncertainty
- The neural basis of intertemporal choices
- The role of others during decision-making
- Game theory
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Course delivery
Academic teaching (frontal lessons) will be used as the main teaching method.
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Learning assessment methods
The final grade will be the weighted average of the grades in the two modules
Suggested readings and bibliography
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Teaching Modules
- Neuroeconomics I (NEU0276A)
- Neuroeconomics II (NEU0276B)
- Enroll
- Open
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