Video details loaded
HomeMIT 14.13 Psychology and Economics, Spring 2020Lecture 7: Risk Preferences I
MIT 14.13 Psychology and Economics, Spring 2020
Video 7 of 10
Lecture 7: Risk Preferences I
1:16:54
Up Next
Lecture 8: Risk Preferences II
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