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LUBS5144M
Module Reading List

Behavioural Economics, 2018/19, Semester 2
Gabriel Burdin
g.burdin@leeds.ac.uk
Tutor information is taken from the Module Catalogue

The readings are an essential part of the course. Lectures will help you understand the readings as well as providing additional information and applications. The main textbooks of the course are:  

Individual journal articles will also be referred to occasionally (see topic by topic list below).

A separate list of journal articles will be indicated for students' presentations at the tutorials.  

 1. Behavioural economics and the study of the employment relationship: behavioural principals and agents

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 2. Reference-dependent preferences and loss aversion 

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 3. Social preferences and intrinsic motives (I) 

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4. Social preferences and intrinsic motives (II)  

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 5. Fairness and social preferences in the workplace: gift-exchange game, control, and trust 

  • Armin Falk, 2014. "Fairness and motivation," IZA World of Labor, Institute for the Study of Labor (IZA), 1-9.  https://wol.iza.org/articles/fairness-and-motivation/long
  • Kube, Sebastian; Maréchal, Michel André; Puppe, Clemens, 2013. “Do wage cuts damage work morale? Evidence from a natural field experiment”, Journal of the European Economic Association , 08/2013, Volume 11, Issue 4. [Seminar]
  • Uri Gneezy & John A List, 2006. "Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments," Econometrica. ISSN: 0012-9682, vol. 74(5), 1365-1384. [Seminar]
  • Burdin, Gabriel & Halliday, Simon & Landini, Fabio, 2018. "The hidden benefits of abstaining from control," Journal of economic behavior & organization. , vol. 147(C), 1-12. [Optional reading].

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 6. Time-inconsistent preferences: present bias 

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 7. Biased beliefs: overconfidence and managerial behaviour

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 8. Team production and the free-rider problem: public good game 

  • Fischbacher, Urs & Gachter, Simon & Fehr, Ernst, 2001. "Are people conditionally cooperative? Evidence from a public goods experiment," Economics letters. ISSN: 0165-1765, Elsevier, vol. 71(3), pages 397-404, June.
  • Simon Gachter & Ernst Fehr, 2000. "Cooperation and Punishment in Public Goods Experiments," American economic review. ISSN: 0002-8282, American Economic Association, vol. 90(4), 980-994.  

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 9. Social incentives in teams

  • Barton H. Hamilton, Jack A. Nickerson and Hideo Owan (2003). Team Incentives and Worker Heterogeneity: An Empirical Analysis of the Impact of Teams on Productivity and Participation, Journal of political economy. ISSN: 0022-3808 Vol. 111, No. 3, pp. 465-497. [Seminar]

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 10. Nonstandard decision-making: framing, limited attention, suboptimal heuristics, nudges

  • Wilkinson and Klaes, 2012. An introduction to Behavioral Economics Chapter 3 (only section 3.4).  OCR REQUESTED BY LIBRARY (KR 13/11/2018) 
  • Wilkinson and Klaes (2012), Chapter 6 (only pages 246-249), Chapter 11 (only sections 11.5 & 11.7).  

This list was last updated on 20/02/2019