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Course unit
EXPERIMENTAL ECONOMICS: DECISION MAKING, ALTRUISM, COOPERATION AND COMPETITION
PSN1032198, A.A. 2017/18
Information concerning the students who enrolled in A.Y. 2017/18
ECTS: details
Type |
Scientific-Disciplinary Sector |
Credits allocated |
Educational activities in elective or integrative disciplines |
M-PSI/01 |
General Psychology |
6.0 |
Mode of delivery (when and how)
Period |
Second semester |
Year |
1st Year |
Teaching method |
frontal |
Organisation of didactics
Type of hours |
Credits |
Hours of teaching |
Hours of Individual study |
Shifts |
Lecture |
6.0 |
42 |
108.0 |
No turn |
Start of activities |
26/02/2018 |
End of activities |
01/06/2018 |
Examination board
Board |
From |
To |
Members of the board |
6 2017/18 |
01/10/2017 |
30/11/2018 |
DAL MARTELLO
MARIA
(Presidente)
BRESSAN
PAOLA
(Membro Effettivo)
CARRETTI
BARBARA
(Membro Effettivo)
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5 2016/2017 |
01/10/2016 |
30/11/2017 |
DAL MARTELLO
MARIA
(Presidente)
BRESSAN
PAOLA
(Membro Effettivo)
CARRETTI
BARBARA
(Membro Effettivo)
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Prerequisites:
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Basic knowledge of English |
Target skills and knowledge:
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This course aims to provide an introductory knowledge of decision making theories and research methods, and, in particular, it will cover social decisions in situations where the choice is between cooperation and competition (i.e. between altruistic and selfish behaviours). |
Examination methods:
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The examination is written and consists in answering in form of brief essays to four open questions |
Assessment criteria:
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The evaluation will be about the knowledge and understanding of the topics in the syllabus |
Course unit contents:
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Heuristics and Biases in Judgment and Decision Making
Theories on Decision Making
The Evolution of Altruism
Games of Cooperation and Competition
Strong Reciprocity and Human Altruism
Happiness |
Planned learning activities and teaching methods:
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The approach used is interdisciplinary. We will examine studies of social and cognitive psychology, behavioural economics, evolutionary biology and social neuro-economics.
During the lectures students will have the opportunity to participate in frequent empirical demonstrations of the phenomena studied, through ‘games’ inspired by behavioural economics.
The course will be given in English.
The course will include some lectures given by Professor Laurence T. Maloney of New York University (NYU). The professor is an important expert in decision making with actions and in mathematical models for psychology. |
Additional notes about suggested reading:
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The reading are parts of books and articles. The pages to be read are indicated for each book. |
Textbooks (and optional supplementary readings) |
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Baron, J., Thinking and Deciding. Cambridge, UK: Cambridge University Press, 2007. Ch.6 "Descriptive theory of probability judgment", Ch.10 "Normative theory of choice under uncertainty", Ch.11 "Descriptive theory of choice under unc
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Bowles, Samuel & Gintis, Herbert, A cooperative species. Princeton and Oxford: Princeton University Press, 2011. Chapters: 1, 2, 3.
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Brosnan, Sarah F. & de Waal, Frans B. M., Monkeys reject unequal pay. Nature, 425, 297-299: --, 2003. article
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Dawes, R. M. & Thaler, R. H., Anomalies: Cooperation. --: Journal of Economic Perspectives, 2 (3), 187-197, 1998. article
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de Wall, F. B. M. & Berger, M. L., Payment for labour in monkeys. --: Nature, 404, 563, 2000. article
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Fehr, E. & Fischbacher, U., The nature of human altruism. --: Nature, 425, 785-791, 2003. article
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Gilbert, D. T. & Wilson, T. D., Prospection: Experiencing the future. --: Science, 317, 1351-1354, 2007. article
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Gintis, H., Boyd, R., Bowles, S., & Feher, E.[eds], Moral sentiments and material interests. The foundation of cooperation in economic life. Cambridge, MA & London, UK: MIT Press, 2005. Chapter 2"The evolution of Cooperation in Primate Groups"
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Henrich, J., Boyd, R., Bowles, S., Camerer, C., Feher, E., Gintis, H., & McElrearh, R., In search of Homo Economicus: Behavioral Experiments in 15 Small-scale Societies. --: American Economic Review, 91, 73-78, 2001. article
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Kahneman, D., & Deaton, A., High income improves evaluation of life but not emotional well-being. --: PNAS, 107 (38), 16489-16493, 2010. article
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Kahneman, D., Knetsch, J. L. & Thaler, R. H., Fairness and the assumptions of economics. --: Journal o Business, 59, 4, 285-300, 1986. article
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Kahneman, D., Krueger, A. B., Schkade, D., Schwarz, N. & Stone, A. A., Would you be happier if you were richer? A focusing illusion.. --: Science, 312 (5782), 1908-1910, 2006. article
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Kahneman, D., Slovic, P. & Tversky, A., Judgment under uncertainty: Heuristics and biases. Cambridge, UK: Cambridge University press, 1982. pp. 3-20; pp. 48-68; pp.163-178; pp. 239-248; 287-293; 463-489.
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Kahneman, D., & Tversky, A., Choices, Values, and Frames. Cambridge, UK: Cambridge University Press, 2000. pp. 1-43; pp. 171-179; pp. 241-268.
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Parr, l. A. & de Waal, Frans B. M., Visual kin recognition in chimpanzees. --: Nature, 399, 647-648, 1999. article
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Plous, S., The psychology of judgment and decision making. New York: McGraw-Hill, 1993. pp 79-130; 217-230
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Sanfey, A. G, Rilling, J.K., Aronson, J. A., Nystrom, L.E., Cohen, J. D., The neural basis of economic Decision-Making in the Ultimatum Game.. --: Science, 300, 1755-1758, 2003. article
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Dal Martello, M.F., DeBruine, L. M., Maloney, L. T., Allocentric Kin Recognition is not affected by facial inversion. --: Journal of Vision, 15(13): 5, 1-11, 2015. article
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