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Behavioral Economics: When Psychology and Economics Collide

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Overview

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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.

Syllabus

  • 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
  • By This Professor

Taught by

Scott Huettel

Reviews

4.2 rating at The Great Courses Plus based on 37 ratings

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