Please click on a course title for course description.
Current courses (UofT)
Behavioural economists study models of human decision making and the interaction among such decision makers in games and markets. As behavioural economists aspire to construct "realistic" models, many of the models are inspired by Psychological and experimental studies.
We will cover the following topics: individual choices under risk and uncertainty; intertemporal choice; other-regarding preferences; bounded rationality in individual decision making and games; measuring rationality; Neuroeconomics/non-choice data, and the mindless-economics debate.
This is a course co-taught by several faculty members.
In my lectures we covered bounded rationality in games and discussed:
- Aumann and Brandenburger (ECMA, 1995)
- The level-k model and its extensions (including experimental studies)
- Osborne and Rubinstein (AER, 1998)
- Arad and Rubinstein (AEJ, 2019)
Past courses (UBC)
This seminar will introduce you to research in experimental economics. We will cover individual decisions under uncertainty and over time. We will run real experiments involving real subjects and substantial incentives. Each student will write a research report on one of the experiments we conducted that will summarize the study and its results.
This is an introductory course to microeconomic theory at a graduate level. The first half focuses on decision theory, choice under risk and uncertainty, theory of the consumer and interaction in competitive markets. These are quite traditional parts of theory that are being revisited nowadays by decision theorists, behavioural economists and experimentalists. I will try to expose you to some of these developments (although the material is not contained in the textbook). As the scope of the course is quite broad, and the language used is sometimes abstract, it takes some time and effort to get used to.
I know that, and I will do my best to assist you in completing this transition.
This is the core PhD course in microeconomic theory. The first half focuses on decision theory, choice under risk and uncertainty and theory of the consumer. These are quite traditional parts of theory that are being revisited nowadays by decision theorists, behavioural economists and experimentalists. The goal of the course is to give you a good foundation to understand these developments and provide you perspective on works in other fields.