Oliver Kirchkamp

MW 24.2 - Lecture Quantitative Economics - Master Program in Economics

The module covers quantitative and empirical methods of economic theory. We discuss methods to explore the psychological and behavioural factors that influence how individuals and groups make choices, how they interact and how they respond to their environment, to social norms, to incentives and to risk and uncertainty, how they assess future events and how they value tangible and intangible goods. While we focus on general methods, their application helps us understanding the motivations and limitations of sustainable behaviours, like conservation, waste reduction, and sustainable consumption. Applying these methods also helps simulating policy scenarios and testing their impact on individual and collective behaviour, providing insights into the potential outcomes and unintended consequences of policy interventions.

Lecture:
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