PSYCH 5870: Neuroeconomics and Decision Neuroscience
In this course, we will focus on the psychology and neuroscience underlying economic choice behavior. We will start with a brief “crash course” in neuroscience basics, then go on to cover various domains of decision making and what Neuroeconomics has taught us about them. Topics will include decisions about risk, self-control, pro-sociality, strategy in games, and learning. By the end of the course, students should understand the basics of how the brain works, how these neural functions produce choice behavior, and the relationship between classic behavioral models and models of how the brain works.
Prereq: AEDEcon 2005, Stats 1450, 2450, Psych 2220, or Econ 3400; and Math 1148 or higher; and Econ 4001.01, 4001.02, 4001.03, AEDEcon 4001, Psych 3313, 3513, or 4508. Not open to students with credit for 5870. Cross-listed in Econ.
Prereq: AEDEcon 2005, Stats 1450, 2450, Psych 2220, or Econ 3400; and Math 1148 or higher; and Econ 4001.01, 4001.02, 4001.03, AEDEcon 4001, Psych 3313, 3513, or 4508. Not open to students with credit for 5870. Cross-listed in Econ.
Credit Hours
3
Sample Topics:
- Normative decision making
- Experiments in decision making
- Multi-attribute choice
- Speed-accuracy tradeoff
- Intro to neuroscience
- Methods of neuroscience
- Simple choice
- Risk & Uncertainty
- Prospect theory
- Intertemporal choice & Self-control
- Social preferences
- Pharmacology
- Reinforcement learning
- Perception in decision making
- Context-dependence
- Strategic choice & Game theory