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MIT 14.13 Psychology and Economics, Spring 2020
Instructor: Prof. Frank Schilbach
View the complete course: https://ocw.mit.edu/14-13S20
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63Z979ri_UXXk_1zrvrF77Q
In this video, Prof. Schilbach describes how economics looks at risk preferences, that is, choices involving risk. Specifically, he covers the topics of risk aversion, expected utility, absurd implications, and small vs. large-scale risk aversion.
License: Creative Commons BY-NC-SA
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