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Caltech Course Catalog / 2025-2026 Catalog / Courses 2025-26 / Understanding Behavioral Heterogeneity

Ec 125 - Understanding Behavioral Heterogeneity

Ec 125

Understanding Behavioral Heterogeneity

9 units (3-0-6)   |  third term
Prerequisites: permission of instructor.

This course will review existing data in several areas of controlled economic decision-making with a focus on individual and group differences. Theoretical and empirical approaches for understanding and decomposing heterogeneity into preference and stochastic components will be presented. Students will gain exposure to prominent experimental techniques, estimation of models of heterogeneity and heterogeneous treatment effects, and out-of-sample prediction exercises. Not offered 2025-26.

Published Date: Aug. 15, 2025