"Models Behaving Badly, Part 1" Featuring Jodi Beggs

Video created by Thomas Digiano Employee on Feb 17, 2016

    "Textbooks are beginning to integrate behavioral economics into principles textbooks, but it's not always clear how behavioral concepts affect the traditional models that instructors teach at the introductory level. This talk will outline the ways economic actors can deviate from the assumption of rationality and give several examples of how to adapt basic models in order to take these irrationalities into account."