- Lecturer
- Maya Bar-Hillel Yamagishi Kimihiko
- Place
- Intensive
- Credits
- Lecture1 Exercise0 Experiment0
- Code
- 65063
- Syllabus updated
- 2009/9/28
- Lecture notes updated
- 2009/9/28
- Semester
- Fall Semester
Outline of lecture
This course is offered as a part of the International Program on "Effective Utilization of Technology" at the Graduate School of Decision Science and Technology. The lecture aim at teaching the cutting-edge endeavors of new scientific approaches to economic phenomena. The classical economics has built itself upon the foundation of "homo economics" with perfect rationality and unlimited computational might. In contrast, the 21st century's approach views economic activities as performed by homo sapiens -- ordinary humans like the readers. Therefore, economic performances are constrained by the limitations of human cognitive capability. Sciences embracing such assumptions are "embodied" in this sense. Currently, related branches include Behavioral Economics, Behavioral Finance, Cognitive Economics, and Neural Economics. This course offers a broad perspective of cognitive approaches to understanding preferential choice and judgment.
Purpose of lecture
This course introduces you the basics of ""Regret Theory"" as well as recent findings along the line on the theory. Regret Theory is an influential alternative to the ""standard"" expected utility theory, and is based upon rich psychological insights. This lecture outlines the essence of the theory, and cutting-edge findings on the basis of the basic idea, namely ""regret minimization.""
迴ｾ莉｣縺ｮ莠ｺ髢楢｡悟虚繧貞ｯｾ雎｡縺ｨ縺励◆遐皮ｩｶ縺ｯ縲∬┻讖溯ｽ縺ｮ逅隗｣縺ｫ遶玖壹＠縺溘い繝励Ο繝ｼ繝√′縺ｾ縺吶∪縺咏屁繧薙↓縺ｪ縺｣縺ｦ縺繧九ゆｾ九∴縺ｰ邨梧ｸ亥ｭｦ縺ｧ縺ｯ縲∬┻縺後←縺讖溯ｽ縺吶ｋ縺九→縺縺逾樒ｵ悟ｭｦ逧隕句慍縺九ｉ莠ｺ髢薙ｮ邨梧ｸ育噪陦悟虚繧堤炊隗｣縺励ｈ縺縺ｨ縺縺逾樒ｵ檎ｵ梧ｸ亥ｭｦｼneuroeonomicsｼ峨√≠繧九＞縺ｯ閼ｳ讖溯ｽ縺ｮ逋ｺ髴ｲ縺ｧ縺ゅｋ蠢逅迴ｾ雎｡縺ｫ邨梧ｸ郁｡悟虚縺ｮ隱ｬ譏主次逅繧呈ｱゅａ繧玖｡悟虚繝輔ぃ繧､繝翫Φ繧ｹｼbehavioral financeｼ峨′豕ｨ逶ｮ繧帝寔繧√∬ｧ｣隱ｬ譖ｸ繧ょ､壹￥蜈･謇九〒縺阪ｋ縲ゅ＠縺九＠縲∬｡悟虚繝輔ぃ繧､繝翫Φ繧ｹ繧逾樒ｵ檎ｵ梧ｸ亥ｭｦ縺ｮ遐皮ｩｶ繧堤匱菫｡縺励∵蕗閧ｲ繧呈署萓帙☆繧区律譛ｬ縺ｮ螟ｧ蟄ｦ縺ｯ縺斐￥蜒縺九↓逡吶∪繧九よ悽蟄ｦ縺ｫ譁ｼ縺代ｋ縺薙≧縺励◆隧ｦ縺ｿ縺ｨ縺励※縲√窪mbodied Economics縲阪→驫俶遠縺｣縺溽ｧ醍岼縺ｯ險ｭ鄂ｮ縺輔ｌ縺ｦ縺繧九ゅ％縺ｮ隰帷ｾｩ縺ｧ縺ｯ縲軍egret Theory縲阪ｮ逅隲也噪蝓ｺ遉弱→霑台ｻ｣逧螻暮幕繧堤ｴｹ莉九☆繧九３egret Theory縺ｨ縺ｯ縲∫ｵ梧ｸ亥ｭｦ縺ｮ驕ｸ謚樒炊隲悶ｮ讓呎ｺ悶→縺輔ｌ繧区悄蠕蜉ｹ逕ｨ逅隲悶ｮ繝ｩ繧､繝舌Ν縺ｧ縺ゅｊ縲∫ｵ梧ｸ井ｸｻ菴薙ｮ蠢逅驕守ｨ九↓髢｢縺吶ｋ雎翫°縺ｪ豢槫ｯ溘↓遶玖壹＠縺ｦ縺繧九ゅ％縺ｮ隰帷ｾｩ縺ｧ縺ｯ迚ｹ縺ｫ縲ヽegret Theory縺ｮ荳ｭ蠢逧縺ｪ驕ｸ謚槫次逅縲罫egret minimization縲阪ｮ蜀螳ｹ縺ｨ縲√◎繧後↓繧医▲縺ｦ隱ｬ譏主庄閭ｽ縺ｪ莠ｺ髢楢｡悟虚縺ｨ縺ｯ菴輔°繧定ｬ帙§繧
Plan of lecture
Introduction [by Profs. Akama, Kotani, Joyce & Yamagishi] (Wednesday, October the 15th, 16:40~18:10, Seminar Room of the Department of Human System Science, West-9 Building Room 202)
The first guidance meets on October the 15th, 2008 in the joint session of the 3 Embodied Economics Courses (Cognition, Language and Brain) to provide an overview of this course.
Lecture 2: General Introduction by Yamagishi. Room 202, West-9 Building, Wednesday December 17th, time TBA (To Be Announced)
As a start-up session, Yamagishi covers the basics of economic theories of choice. He will cover fundamentals of Expected Utility Theory, Prospect Theory, and Regret Theory. At the end, a short explanatory description in Japanese will also be delivered.
Lectures 3 through 5: Core Lectures by Reb.
10:00 through noon and 14:00 through 17:30, Room 202, West-9 Building, Tuesday December 23rd.
Professor Reb lectures on recent advances on the basis of the basic idea of Regret Theory, namely ""regret minimization."" His lectures will also include the cutting-edge research findings of his own.
Lecture 6: Wrap-up session by Yamagishi.
10:40 through 12:10, Room 202, West-9 Building, Wednesday January 7th.
Yamagishi offers a wrap-up session. This is basically a question-and-answer meeting and detailed instructions toward term-paper submission are offered. At the end of this session, a short ""debriefing"" in Japanese takes place.
Related ""Embodied Economics"" courses
This short intensive course is included in a lecture series of ""Embodied Economics"" with ""Embodied Economics and Cognition"", 窶廢mbodied Economics and Language.窶
縺吶∋縺ｦ縲∬･ｿｼ吝捷鬢ｨ202蜿ｷ螳､縺ｧ陦後≧縲りｬ帷ｾｩ闍ｱ隱槭〒陦後≧縺後∝ｱｱ蟯ｸ諡蠖灘屓縺ｮ譛蠕後↓縺ｯ縲∵律譛ｬ隱槭↓繧医ｋ隱ｬ譏弱ｂ蜉縺医ｋ縲
ｼ托ｼ先怦ｼ托ｼ墓律ｼ域ｰｴｼ
霄ｫ菴鍋ｳｻ繧ｨ繧ｳ繝弱Α繧ｯ繧ｹ3遘醍岼蜷亥酔隱ｬ譏惹ｼ夲ｼ夲ｼ郁ｵ､髢薙∝ｰ剰ｰｷ縲√ず繝ｧ繧､繧ｹ縲∝ｱｱ蟯ｸ諡蠖難ｼ
16:40~18:10縲∽ｺｺ髢楢｡悟虚繧ｷ繧ｹ繝繝蟆よ判繧ｼ繝溷ｮ､ｼ郁･ｿ9蜿ｷ鬢ｨ隘ｿ譽滂ｼ抵ｼ撰ｼ貞捷螳､ｼ
縲縺ゅｉ縺九§繧√∬ｬ帷ｾｩ縺ｮ讎りｦ√√せ繧ｱ繧ｸ繝･繝ｼ繝ｫ縺ｪ縺ｩ繧堤ｴｹ莉九☆繧九
ｼ托ｼ呈怦ｼ托ｼ玲律ｼ域ｰｴｼ臥ｬｬ莠瑚ｬ幢ｼ域凾髢薙ｯ霑ｽ縺｣縺ｦ謗ｲ遉ｺ縺吶ｋｼ
螻ｱ蟯ｸ縺ｫ繧医ｋ蜈ｨ菴捺｡亥繧ｪ繝ｪ繧ｨ繝ｳ繝繝ｼ繧ｷ繝ｧ繝ｳ縲
螻ｱ蟯ｸ縺後√さ繧｢隰帷ｾｩ繧堤炊隗｣縺吶ｋ縺溘ａ縺ｫ蠢隕√↑蝓ｺ譛ｬ縺ｮ遏･隴倥ｒ隗｣隱ｬ縺吶ｋ縲らｵ梧ｸ亥ｭｦ縺ｫ譁ｼ縺代ｋ譛溷ｾ蜉ｹ逕ｨ逅隲悶√励Ο繧ｹ繝壹け繝育炊隲悶ヽegret Theory縺ｮ蝓ｺ遉弱ｒ隰帙§繧九
ｼ托ｼ呈怦ｼ抵ｼ捺律ｼ育↓ｼ臥ｬｬ荳芽ｬ幢ｽ樒ｬｬ莠碑ｬ
10:00ｽ12:00縺翫ｈ縺ｳ14:00ｽ17:30
Reb謨呎肢縺軍egret Theory縺ｫ蝓ｺ縺･縺乗怙譁ｰ縺ｮ遐皮ｩｶ繧堤ｴｹ莉九☆繧九る嵯讎ょｿｵ縺ｨ縺ｪ繧九罫egret minimization縲阪→縺ｯ縺縺九↑繧狗ｵ梧ｸ域ｴｻ蜍輔ｮ蜴溽炊縺九√◎繧後↓繧医▲縺ｦ縲∵ｨ呎ｺ也噪邨梧ｸ育炊隲悶〒縺ｯ隱ｬ譏主峅髮｣縺ｪ莠ｺ髢薙ｮ陦悟虚縺ｨ縺ｯ菴輔°縲√％縺ｮ蛻驥弱ｮ譛譁ｰ縺ｮ遐皮ｩｶ繧偵ヽeb謨呎肢閾ｪ霄ｫ縺ｮ遐皮ｩｶ謌先棡繧剃ｺ､縺医※隗｣隱ｬ縺吶ｋ縲
ｼ第怦ｼ玲律ｼ域ｰｴｼ臥ｬｬ蜈ｭ隰
10:40ｽ12:20
螻ｱ蟯ｸ縺檎ｷ繧√￥縺上ｊ縺ｮ繧ｻ繝繧ｷ繝ｧ繝ｳ縺ｨ縲∬ｪｲ鬘後Ξ繝昴ｼ繝域署蜃ｺ縺ｮ縺溘ａ縺ｮ隕∽ｻｶ繧呈蕗遉ｺ縺励∬ｳｪ逍大ｿ懃ｭ斐ｒ陦後≧縲
Textbook and reference
謨咏ｧ第嶌縺ｯ迚ｹ縺ｫ謖螳壹＠縺ｪ縺縲
蜿り譖ｸ遲
蜿り譖ｸ縺ｪ縺ｩ縺ｯ縲∬ｿｽ縺｣縺ｦ騾夂衍縺吶ｋ縲
Related and/or prerequisite courses
蜿苓ｬ幄縺ｯ縲∬ｪ咲衍遘大ｭｦ繧邨梧ｸ亥ｭｦ縺ｮ讎りｫ也噪遏･隴倥′縺ゅｋ縺薙→縺梧悍縺ｾ縺励＞縲
髢｢騾｣遘醍岼縺ｯ縲・mbodied Economics蜷遘醍岼縲√♀繧医ｳIntroductory Cognitive Psychology縺ｧ縺ゅｋ縲
Evaluation
蜿苓ｬ帛ｾ後↓謠仙ｺ縺吶ｋ繝ｬ繝昴ｼ繝医↓繧医ｋ
Comments from lecturer
隰帷ｾｩ縺ｯ闍ｱ隱槭〒陦後＞縲√Ξ繝昴ｼ繝医ｂ闍ｱ隱槭〒縺ｮ謠仙ｺ繧呈ｱゅａ繧九ょ晏屓縺ｨ譛邨ょ屓縺ｫ縲∝ｱｱ蟯ｸ縺ｫ繧医ｋ譌･譛ｬ隱槭ｮ隗｣隱ｬ繧定｡後≧縲ゅ％縺ｮ譎ゅ∵律譛ｬ隱槭↓繧医ｋ雉ｪ逍大ｿ懃ｭ斐ｮ譎る俣繧りｨｭ縺代ｋ縲り｣懆ｶｳ逧縺ｪ謗ｲ遉ｺ縺ｯ縲
http://echo.dp.hum.titech.ac.jp/wiki/?FrontPage,
http://echo.dp.hum.titech.ac.jp/wiki/?RelatedCourses
縺ｫ遉ｺ縺吶よ肢讌ｭ髢｢騾｣縺ｮ雉ｪ蝠上ｯ縲∝ｱｱ蟯ｸｼyamagishi_at_hum.titech.ac.jpｼ峨↓蟇縺帙ｉ繧後◆縺縲
