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Behavioral Economics in the First-Year Experience

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  • Mary H. Lesser

Abstract

Many colleges and universities have put in place some form of freshman or first-year experience. This article suggests the use of a course in behavioral economics when the first-year experience has an academic basis and demonstrates how such a course can assist in the achievement of acculturation goals as well as help diagnose areas of strength and weakness in academic preparedness. JEL Classifications : A20, A22, D90, D91

Suggested Citation

  • Mary H. Lesser, 2022. "Behavioral Economics in the First-Year Experience," The American Economist, Sage Publications, vol. 67(1), pages 106-115, March.
  • Handle: RePEc:sae:amerec:v:67:y:2022:i:1:p:106-115
    DOI: 10.1177/05694345211027821
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    References listed on IDEAS

    as
    1. Kristina Shampanier & Nina Mazar & Dan Ariely, 2007. "Zero as a Special Price: The True Value of Free Products," Marketing Science, INFORMS, vol. 26(6), pages 742-757, 11-12.
    2. Charles A. Holt, 1999. "Teaching Economics with Classroom Experiments: A Symposium," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 603-610, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    first-year experience; behavioral economics; teaching economics;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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