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Behavioral Economics

Written by: Scott Huettel, The Great Courses
Narrated by: Scott Huettel
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Publisher's Summary

Behavioral economics is the study of decision making, and of the related themes of valuation, exchange, and interpersonal interactions. Using methods from psychology, sociology, neurology, and economics, behavioral economics sheds light one of the most fundamental activities of human life:the decision process. In 24 insightful lectures, you'll learn how behavioral economists look at decision making and explore a set of key principles that offer deep insight into how we evaluate information and integrate different factors to make decisions. Most important, using real-life illustrations and case studies, each lecture offers practical tools, so that you can understand the patterns of decision making, the purposes they serve, and how to use your knowledge to make better and more satisfying decisions.

In grasping the underlying factors in decision making, you'll explore key topics such as decisions regarding probability, time-related decisions, managing risk, high-stakes medical decisions, and group decision making. Professor Huettel illustrates each concept with meaningful examples, analogies, and case studies, relating the material directly to the decisions all of us make as a central part of living. This unique course gives you essential knowledge and insights for one of life's most important skills.

©2014 The Great Courses (P)2014 The Teaching Company, LLC

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EXCELLENT

It's just Fantastic. Reading is Excellent. Required more Text Books. The prices should be Little economical. Over-all it's Excellent.


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You definitely need to know how we make decisions

Human Decision making is always a tricky issue. Having read books from Gladwell, Kahnemann, Amy Cuddy and likewise, my interest on our decision making has only increased.

This course helps us understand the reason of why we make certain decisions and the psychology behind those decisions.

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nice one

detailed explaination of how people behave when it comes to money matters and taking monetary decisions

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