14.13 | Spring 2020 | Undergraduate, Graduate

Psychology and Economics

Video Lectures

Lecture 7: Risk Preferences I

Description: 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.

Instructor: Prof. Frank Schilbach

Course Info

As Taught In
Spring 2020
Learning Resource Types
Lecture Videos
Problem Sets with Solutions
Lecture Notes
Exams with Solutions
Instructor Insights