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Course syllabus 5IE405 - Behavioral Economics and Law (NF - WS 2010/2011)

Czech English

Course code: 5IE405
Course title in language of instruction: Behaviorální ekonomie a právo
Course title in Czech: Behavioral Economics and Law
Course title in English: Behavioral Economics and Law
Number of ECTS credits allocated: 5 (1 ECTS credit = 26 hours of workload)
Mode of delivery: face-to-face; 2/2 (hours of lectures per week / hours of seminars per week) as semestral course
Mode of completion: examination
Language of instruction: czech
Level of course and year of study: -- item not defined --
Semester: WS 2010/2011
Name of lecturer(s): Ing. Mgr. Petr Koblovský, Ph.D. (instructor, lecturer, supervisor)
Prerequisites and co-requisites: none
Recommended optional programme components: none
Work placement: none

Aims of the course:
The course offeres an introduction (advanced) to current theories of behavioral (psychological) economics as applied on legal theory and legal interpretation as well as behavioral analysis of particular regulations. The approach would be also compared to mainstream approach of law and economics based on rational choice model.

Learning outcomes and competences:
Upon successful completion of this course, students will be able to understand theories of human decision making as depicted by analyses of behavioral and experimental economics.
The economic analysis would be enriched by real characteristics of human behavior - limited rationality, emotions, various heuristics and biases.
After the introduction, the behavioral analysis of current institutional framework will follow. Students would learn basics about behavioral game theory, heuristics and biases, cognitive modes of decision-making, affective systems etc.

Course contents:
1. Introduction, methodology, bibliography.
2. Psychology of social contract (justice and reciprocity).
3. Behavioral economics and law - .basic assumptions, analysis of basic distinctions of BLE and Chicago economic school of thoughts
4. Economic rationality - normative model and reality
5. Economic rationality - heuristics, ecological rationality, conformity, and trendiness
6. Economic rationality - emotions, feelings, and motivations
7. Status quo bias, negotiation,and contract law
8. Status quo bias, negotiations and contract law II
9. Coase theorem, endowment bias, regulation of property rights
10. Company and financial law , regulation of financial markets
11. Criminal law and regulation of addictions
12. Criteria of regulation justification
13. Future of BLE and European legal harmonization, actual problems in Czech legal environment, presentation of papers

Learning activities, teaching methods and workload (hours):
Type of teaching method Daily attendance
Participation in lectures 26 h
Preparation for lectures 12 h
Attendance at seminars/workshops/tutorials 26 h
Preparation of term paper 52 h
Preparation of presentation 2 h
Preparation for mid-term test(s) 12 h
Total 130 h

Assessment methods and criteria:
Requirement type Daily attendance
Active lecture/seminar/workshop/tutorial participation 20 %
Term paper 40 %
Presentation 10 %
Mid-term test(s) 30 %
Total 100 %

Special requirements and details:
none

Reading:
-- item not defined --

Regular course units:
Day From-till Room Teacher Type Frequency Capacity
Monday 07:30-09:00 SB 411 P. Koblovský Lecture Every week 30
Monday 11:00-12:30 SB 230 P. Koblovský Seminar Every week 25

Block course units:
-- item not defined --

Type of course (eligible study programmes and course groups):
Faculty Programme/field code Programme mode Course group code Study period
FFU B-FU-BP full-time cVB WS 2011/2012
WS 2012/2013
cVOR WS 2006/2007
WS 2007/2008
WS 2008/2009
WS 2009/2010
WS 2010/2011
WS 2011/2012
WS 2012/2013
B-FU-DP full-time cVB WS 2011/2012
WS 2012/2013
cVOR WS 2006/2007
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WS 2012/2013
B-FU-FI full-time cVB WS 2011/2012
WS 2012/2013
cVOR WS 2006/2007
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WS 2012/2013
B-FU-UC full-time cVB WS 2011/2012
WS 2012/2013
cVOR WS 2006/2007
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B-FU-UP full-time cVB WS 2012/2013
cVOR WS 2008/2009
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WS 2012/2013
C-FU-BP full-time cVM WS 2006/2007
WS 2007/2008
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C-FU-DP full-time cVM WS 2006/2007
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C-FU-FG full-time cVM WS 2011/2012
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C-FU-FI full-time cVM WS 2006/2007
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C-FU-FO full-time cVM WS 2006/2007
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C-FU-UC full-time cVM WS 2006/2007
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C-FU-UP full-time cVM WS 2006/2007
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FIS B-AI-IN full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-KM-MM full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-KM-SD full-time cVB WS 2011/2012
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cVOR WS 2007/2008
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B-KM-SE full-time cVB WS 2011/2012
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B-KM-SM full-time cVB WS 2011/2012
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cVOR WS 2007/2008
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C-AI-IM full-time cVM WS 2006/2007
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C-AI-IT full-time cVM WS 2006/2007
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C-AI-KI full-time cVM WS 2007/2008
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C-AI-ZT full-time cVM WS 2006/2007
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C-KM-ED full-time cVM WS 2011/2012
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C-KM-EK full-time cVM WS 2008/2009
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C-KM-EO full-time cVM WS 2006/2007
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C-KM-SP full-time cVM WS 2006/2007
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IM full-time cVM WS 2008/2009
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M-KM-MM full-time cVOR WS 2006/2007
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M-KM-SP full-time cVOR WS 2006/2007
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MM full-time cVM WS 2008/2009
SP full-time cVM WS 2008/2009
FMJH B-EM-M full-time cVOR WS 2005/2006
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part-time cVOR WS 2005/2006
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FMV B-ME-MO full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-ME-MS full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-ME-PP full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-ME-RC full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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B-PL-PL full-time cVB WS 2011/2012
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cVOR WS 2006/2007
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C-ME-CR full-time cVM WS 2006/2007
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C-ME-EI full-time cVM WS 2006/2007
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C-ME-IDS full-time cVM WS 2010/2011
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C-ME-MO full-time cVM WS 2006/2007
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C-ME-MP full-time cVM WS 2006/2007
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C-ME-PP full-time cVM WS 2006/2007
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C-PL-PL full-time cVM WS 2006/2007
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FPH B-EM-PE full-time cVB WS 2011/2012
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cVOR WS 2005/2006
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C-EM-PE full-time cVM WS 2006/2007
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distance cVM WS 2006/2007
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NF B-ES full-time cVOR WS 2005/2006
B-ES-AE full-time cVOR WS 2005/2006
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B-ES-EK full-time cVB WS 2011/2012
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cVOR WS 2005/2006
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B-ES-EKE full-time cVB WS 2012/2013
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cVOR WS 2012/2013
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B-ES-NH full-time cVB WS 2011/2012
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cVOR WS 2005/2006
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oV WS 2005/2006
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B-ES-RE full-time cVB WS 2011/2012
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cVOR WS 2005/2006
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C-ES-EA full-time cVM WS 2006/2007
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C-ES-HD full-time cVM WS 2009/2010
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C-ES-HP full-time cVM WS 2006/2007
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C-ES-LAE full-time cVM WS 2010/2011
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C-ES-RS full-time cVM WS 2006/2007
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C-ES-VS full-time cVM WS 2006/2007
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C-ES-ZPE full-time cVM WS 2009/2010
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C-HP-RE full-time cVM WS 2006/2007
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C-HP-ZP full-time cVM WS 2006/2007
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L-MIM-EKE full-time cVB WS 2012/2013
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L-MIM-LAEM full-time cVM WS 2010/2011
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5BE full-time sP SS 2010/2011
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5EP full-time sP WS 2006/2007
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5ET full-time sV WS 2009/2010
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Course groups (click to show/hide)
xP (oP, hP etc.) core curriculum courses
xV (oV, hV etc.) field elective courses
cVx (cVB etc.) general elective courses
xJx (fJ1, oJ2 etc.) language (elective) courses

Last modification made by doc. Ing. Daniel Šťastný, Ph.D. on 14. 9. 2010.
Type of output:

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