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Behavioral Economics

When Psychology and Economics Collide

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Behavioral Economics

By: Scott Huettel, The Great Courses
Narrated by: Scott Huettel
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About this listen

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.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2014 The Great Courses (P)2014 The Teaching Company, LLC
Economics
All stars
Most relevant
This lecture series is full of interesting concepts about decision making that are supported with good examples. I took notes during the series and I will return to cement these concepts into my mind. It will be worth a second listen.

Very interesting...

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Basically a mini psychology lecture. It's far more about decision making than it is about economics.

Good information

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To be honest, I found the earlier lectures somewhat tedious. Perseverance however did prove rewarding.

useful insights on the topic

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