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HomeMIT 14.13 Psychology and Economics, Spring 2020Lecture 16: Utility from Beliefs; Learning II

Lecture 16: Utility from Beliefs; Learning II

1:14:26

Description: In this video, the professor continues the discussion of why people miss information and fail to learn. People derive utility from (wrong) beliefs. Specifically the instructor covers anticipatory utility and ego utility.

Instructor: Prof. Frank Schilbach