Behavioral Economics: When Psychology and Economics Collide

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.

• 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