
Behavioral Economics
When Psychology and Economics Collide
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Narrated by:
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Scott Huettel
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, LLCListeners also enjoyed...




















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Very interesting
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Fantastic
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Easy listen great information.
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Enlightening School of Thought
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lots of information delivered in a way that's easy
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Where does Behavioral Economics rank among all the audiobooks you’ve listened to so far?
It is by far my favorite great course. If I had the time I would go back to school and study it at the graduate level.What other book might you compare Behavioral Economics to and why?
If you've enjoyed Kahneman's Thinking, Fast and Slow you will find this worthwhile as well.Have you listened to any of Professor Scott Huettel’s other performances before? How does this one compare?
No.What’s the most interesting tidbit you’ve picked up from this book?
Best explanation of the dual role competition and cooperation in economic interactions.Any additional comments?
Professor Huettel makes an effort in each lecture to explain why the subject matter is relevant by starting out with real life examples and then concludes with advice on how it might be applied by the listener. Aside from it's practical value, it helped me to understand why people behave the way the do and the decisions they make.Fasinating subject well explained
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Sensational
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Clear, tested science relevant to everyday life
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with some good takeaway tips
very interesting course
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very insightful material
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