Paris School of Economics - École d'Économie de Paris

Economics serving society

BOUNDED RATIONALITY AND BEHAVIORAL ECONOMICS - A review of recent approaches

JPEG - 3.3 kb

Everything you need to know about the Bounded Rationality and Behavioral Economics programme 2017 is in the dedicated brochure: download this document (pdf format) with all the courses objectives, topics, structure and references.
July 3rd > July 7th

JPEG - 167.2 kb

OVERVIEW

Standard economics has been the subject of many critiques. Mainstream economic models and analysis rely on a level of sophistication that is hard to justify from an introspective viewpoint but also considering the large body of experimental evidence. Recent years have witnessed a flurry of alternative approaches. The programme proposes reviewing a large body of these approaches, with the hope of stimulating new research both theoretical and applied.

Workshop: Participants will have an opportunity to submit work to be presented and discussed by fellow participants and faculty in daily workshops.

PREREQUISITES

Graduate in economics with solid background in economic theory, decision theory and game theory.

PROFESSORS

  • Olivier Compte is professor of economics at the Paris School of Economics. He is also Ingénieur des Ponts et Chaussées. He graduated from Ecole Polytechnique and Ecole des Ponts et Chaussées, and received his PhD in economics from Stanford University. His fields of interest are repeated games, bargaining, auction theory, mechanism design, bounded rationality and Economics and psychology. He is a fellow of the Econometric Society, and council member of the Game Theory Society. https://www.parisschoolofeconomics.eu/en/compte-olivier/
  • Philippe Jehiel is professor of economics at the Paris School of Economics and at University College London. He is also Ingénieur des Ponts et Chaussées. He graduated from Ecole Polytechnique and Ecole des Ponts et Chaussées, and received his PhD in economics from EHESS and the European Doctoral Programme. His fields of interest are bargaining, auction theory, mechanism design, and bounded rationality. He is a fellow of the Econometric Society, of the European Economic Association and of the Society for the Advancement of Economic Theory. He is a former co-editor of Econometrica and council member of the Econometric Society and of the Game Theory Society. https://www.parisschoolofeconomics.eu/en/jehiel-philippe/
  • Jean-Marc Tallon is professor at the Paris School of Economics and a senior fellow of CNRS. He holds a Ph.D. from the University of Pennsylvania. He is Director of Research of the Paris School of Economics. His research interests are in decision theory under uncertainty, risk sharing and financial economics and more generally in the questions of the foundations and consequences of alternative representations of uncertainty and beliefs. https://www.parisschoolofeconomics.eu/en/tallon-jean-marc/

Programme Supervisor: Philippe Jehiel

SCHEDULE

Monday July, 3rd
8.15 am - 8.30 am Welcome coffee
8.30 am - 10.30 am Philippe Jehiel, Bounded rationality in Games
10.30 am - 11 am Coffee break
11 am - 1 pm Jean-Marc Tallon, Individual decision making
1 pm - 3 pm Lunch - Workshop presentations
3 pm - 5 pm Olivier Compte, Ignorance, Information and Sophistication

Tuesday July, 4th
8.30 am - 10.30 am Olivier Compte, Ignorance, Information and Sophistication
10.30 am - 11 am Coffee break
11 am - 1 pm Philippe Jehiel, Bounded rationality in Games
1 pm - 3 pm Lunch - Workshop presentations
3 pm - 5 pm Jean-Marc Tallon, Individual decision making

Wednesday July, 5th
8.30 am - 10.30 am Jean-Marc Tallon, Individual decision making
10.30 am - 11 am Coffee break
11 am - 1 pm Olivier Compte, Ignorance, Information and Sophistication
1 pm - 3 pm Lunch - Workshop presentations
3 pm - 5 pm Philippe Jehiel, Bounded rationality in Games

Thursday July, 6th
8.30 am - 10.30 am Philippe Jehiel, Bounded rationality in Games
10.30 am - 11 am Coffee break
11 am - 1 pm Jean-Marc Tallon, Individual decision making
1 pm - 3 pm Lunch - Workshop presentations
3 pm - 5 pm Olivier Compte, Ignorance, Information and Sophistication

Friday July, 7th
8.30 am - 10.30 am Olivier Compte, Ignorance, Information and Sophistication
10.30 am - 11 am Coffee break
11 am - 1 pm Philippe Jehiel, Bounded rationality in Games
1 pm - 3 pm Lunch - Workshop presentations
3 pm - 5 pm Jean-Marc Tallon, Individual decision making


  • Participant profiles, Fees, application file and deadline... How to apply?
  • The complete 2017 brochure is available in pdf (115 pages, 8 Mo)
  • You’ve chosen this programme and you want to apply ? Go directly to the website www.pse-application.eu
  • Should you have any questions, please feel free to contact us directly: summer-school psemail.eu