Calendrier du 13 octobre 2023
Casual Friday Development Seminar - Brown Bag Seminar
Du 13/10/2023 de 13:00 à 14:00
R1-09
WOO MORA Guillermo (PSE)
On the other side of the creek: The evolution and persistence of colonial zoning stigma
PSE Internal Seminar
Du 13/10/2023 de 12:00 à 13:00
SHLEIFER Andrei (Harvard University)
Cognitive Economics
écrit avec Invited guest lecture by Andrei Shleifer (Harvard University)
Human choices are often unstable, dependent on normatively irrelevant features of the problem, and variable across people in similar situations. Standard economics resolves these challenges by constructing exotic preferences. Behavioral economics deals with them by proliferating biases. Neither unifies different phenomena effectively. An alternative strategy is to start with regularities of human cognition, such as perception, attention, and memory, and to derive how people represent problems, form beliefs, and make choices from those foundations. This approach unifies theoretically a broad range of puzzling findings, and incorporates new strategies of measurement and prediction. We illustrate the ideas of cognitive
economics with examples of finance, macroeconomics, labor economics, political economy, and risk assessment using both experimental and field data.