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HomeMIT 14.13 Psychology and Economics, Spring 2020Lecture 15: Utility from Beliefs; Learning I
Lecture 15: Utility from Beliefs; Learning I
1:13:20
Description: In this video, the professor discusses why people miss information and fail to learn. People derive utility from (wrong) beliefs. Specifically the instructor explains anticipatory utility and ego utility.
Instructor: Prof. Frank Schilbach