Gain a deeper awareness of how you make decisions, and what steps you can take to make better ones, improving both your financial future and your overall happiness.
Behavioral Economics: When Psychology and Economics Collide
Overview
Syllabus
- By This Professor
- 01: What Is a Good Decision?
- 02: The Rise of Behavioral Economics
- 03: Reference Dependence-It's All Relative
- 04: Reference Dependence-Economic Implications
- 05: Range Effects-Changing the Scale
- 06: Probability Weighting
- 07: Risk-The Known Unknowns
- 08: Ambiguity-The Unknown Unknowns
- 09: Temporal Discounting-Now or Later?
- 10: Comparison-Apples and Oranges
- 11: Bounded Rationality-Knowing Your Limits
- 12: Heuristics and Biases
- 13: Randomness and Patterns
- 14: How Much Evidence Do We Need?
- 15: The Value of Experience
- 16: Medical Decision Making
- 17: Social Decisions-Competition and Coordination
- 18: Group Decision Making-The Vox Populi
- 19: Giving and Helping-Why Altruism?
- 20: Cooperation by Individuals and in Societies
- 21: When Incentives Backfire
- 22: Precommitment-Setting Rationality Aside
- 23: Framing-Moving to a Different Perspective
- 24: Interventions, Nudges, and Decisions
Taught by
Scott Huettel
