useful extra material: Rolf Campos's UCLA Economics 201B Notes (Rolf has made these freely redistributable - thanks Rolf)
sample referee report

Timeline for Paper and Referee Reports:

Levine: 8/31-10/3: 8 lectures (no class Sept 5 [labor day] and also no class Sept 7)

Dynamic Games Repeated games, long-run and short-run players, folk theorems, reputation, public and private information

Learning and Evolution

Learning in Games learning, universal consistency, evolution, imitation, steady state learning, bibliography

BOOK: Fudenberg, D. and D. Levine, Theory of Learning in Games

Natenzon: 10/12-11/21: 12 lectures 

Topics in Behavioral Decision Theory

1. Standard models: deterministic choice, preference, utility

D. M. Kreps. Notes on the Theory of Choice. Westview Press, 1988. Chapters 1-3.

1.1 Applications
M. K. Brunnermeier and J. A. Parker. Optimal expectations. American Economic Review, 95(4):1092–1118, September 2005.
B. Koszegi and M. Rabin. A model of reference-dependent preferences. The Quarterly Journal of Economics, 121(4):1133–1165, 2006.
F. Gul and W. Pesendorfer. The revealed preference implications of reference dependent preferences. Working Paper, Princeton University, December 2006.

2. Context-dependent choice and relaxations of the weak axiom

2.1 Deterministic choice models
A. Rubinstein and Y. Salant. A model of choice from lists. Theoretical Economics, 1(1):3–17, March 2006.
P. Manzini and M. Mariotti. Sequentially rationalizable choice. American Economic Review, 97(5):1824–1839, 2007.
Y. Masatlioglu, D. Nakajima, and E. Ozbay. Revealed attention. Working paper, University of Michigan, 2009.
E. Ok, P. Ortoleva, and G. Riella. Revealed (P)Reference Theory. Working Paper, July 2010.
V. Cherepanov, T. Feddersen, and A. Sandroni. Rationalization. Working paper, November 2010.

2.2 Random choice models
R. D. Luce. Individual Choice Behavior: a Theoretical Analysis. Wiley New York, 1959.
A. Tversky. Choice by elimination. Journal of mathematical psychology, 9(4):341–367, 1972.
A. Tversky. Elimination by aspects: A theory of choice. Psychological Review, 79(4):281–299, 1972.
D. McFadden. Conditional logit analysis of qualitative choice behavior. In P. Zarembka, editor, Frontiers in Econometrics, chapter 4, pages 105–42. Academic Press, New York, 1974.
R. D. Luce. The choice axiom after twenty years. Journal of Mathematical Psychology, 15(3):215–233, 1977.
S. Anderson, A. De Palma, and J. Thisse. Discrete choice theory of product differentiation. MIT Press, 1992. Chapters 1-2.
F. Gul, P. Natenzon, and W. Pesendorfer. Random choice as behavioral optimization. Working Paper, Princeton University, October 2010.

2.3 Similarity and context-dependent choice
A. Tversky and J. Edward Russo. Substitutability and similarity in binary choices. Journal of Mathematical Psychology, 6(1):1–12, 1969.
A. Tversky. Features of similarity. Psychological Review, 84(4), 1977.
J. Huber, J. W. Payne, and C. Puto. Adding asymmetrically dominated alternatives: Violations of regularity and the similarity hypothesis. Journal of Consumer Research, 9(1):90–98, 1982.
A. Rubinstein. Similarity and decision-making under risk. Journal of Economic Theory, 46(1):145–153, 1988.
A. Rubinstein. Modeling Bounded Rationality. The MIT Press, Cambridge, Massachusetts, 1998. Chapters 1-2.
P. Natenzon. Random choice and learning. Job Market Paper, Princeton University, 2010.

3. Dynamic choice, temptation and preference for commitment

D. M. Kreps. Notes on the Theory of Choice. Westview Press, 1988. Chapter 13.
R. H. Strotz. Myopia and Inconsistency in Dynamic Utility Maximization. Review of Economic Studies, 23(3):165–180, 1956.
F. Gul and W. Pesendorfer. Temptation and self-control. Econometrica, 69(6):1403–1435, November 2001.
F. Gul and W. Pesendorfer. Self-control and the theory of consumption. Econometrica, 72(1):119–158, January 2004.
J. E. Stovall. Multiple temptations. Econometrica, 78(1):349–376, 2010.
P. Krusell, B. Kuruscu, and A. A. Smith. Temptation and taxation. Econometrica, 78(6):2063–2084, 2010.
B. Lipman and W. Pesendorfer. Temptation. Working paper, April 2011. 

4. Choice under risk and Prospect Theory

D. M. Kreps. Notes on the Theory of Choice. Westview Press, 1988. Chapters 4-9.
D. Kahneman and A. Tversky. Prospect theory: An analysis of decision under risk. Econometrica, 47(2):263–291, 1979.
A. Tversky and D. Kahneman. Advances in prospect theory: Cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5(4):297–323, 1992.
Peter P. Wakker. Prospect Theory for Risk and Ambiguity. Cambridge University Press, 2010. Chapter 9.
N. Barberis. A Model of Casino Gambling. Working Paper, Yale University, June 2011.
E. Azevedo and D. Gottlieb. Risk-neutral firms can extract unbounded profits from consumers with prospect theory preferences. Journal of Economic Theory, forthcoming.

Levine 11/28-12/7: 4 lectures

Anti-Behavioral Decision theory

dual allais, bibliographyexperimental economics, altruism and spite, altruism and spite bibliography

problems equity premium problem