Understanding Behavioral Heterogeneity
This course will review existing data in several areas of controlled economic decision-making with a focus on individual and group differences. Theoretical and empirical approaches for understanding and decomposing heterogeneity into preference and stochastic components will be presented. Students will gain exposure to prominent experimental techniques, estimation of models of heterogeneity and heterogeneous treatment effects, and out-of-sample prediction exercises. Not offered 2023-24.