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Behavioral Macro and complexity

This course provides a state of the art overview of complex economic systems with boundedly rational heterogeneous agents. The leading paradigm in macroeconomics assumes that economic agents (households, firms, investors) are perfectly rational in making their decisions. Experimental and empirical evidence indicate that this assumption is too demanding.

Level:

(Research) master students, PhD students and post-docs with a quantitative background, professionals from policy institutions.

Dates: 24-28 August
Application deadline:

24 July

Academic director:

Prof. Cars Hommes

Capacity:

30 participants

Behavioral Macro and complexity
Degree programme Certificate
Mode Short-term
Credits 3 ECTS, 1 weeks
Language of instruction English
Starts in August