3.00 Credits
(Same as FIN 4780.) Prerequisites: ECON 2410 and ECON 2420; admission into the College of Business; junior standing preferred. Concepts in behavioral economics and finance. Focuses on common behavioral tendencies not well integrated into standard neoclassical economic theory. Topics include other regarding preferences, risk aversion, sunk cost fallacies, endowment effects, and common biases and errors in judgment and decision making. Explores applications of these concepts in finance and other areas of business.