Explaining how heuristics result in biases in individual decisions and anomalies in the market place. Applications to choice under uncertainty, intertemporal choice, choice in a strategic environment, and behavioral finance. Three lecture hours a week for one semester. Only one of the following can be counted: Economics 330T (Topic: Behavioral Economics), 350K (Topic: Behavioral Economics), 370M. Prerequisite: Economics 301 or 304K with a grade of at least C-.