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Behavioural Economics Heuristics

In general terms, a heuristic is a method or technique that people use to help them make a decision or solve a problem more quickly. We often use the phrase ...

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To get certified in Behavioural Economics from Rory Sutherland and Ogilvy Change go to - https://www.42courses.com/courses/behavioural-economics.

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Please watch: "The Blockchain Series: Episode 02 - Blockchain as Internet" https://www.youtube.com/watch?v=OTsokZS1Cvc And the whole series at ...

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Behavioural Economics - Cognitive Biases (Anchoring, Social Norms, Framing, Availability Bias, Loss Aversion, Herding) and Altruism - A look at behavioural ...

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Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real ...

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This video outlines the various prospect theory editing heuristics that people use in order to simplify choices involving risky outcomes. As told to my students at ...

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Please watch: "The Blockchain Series: Episode 02 - Blockchain as Internet" https://www.youtube.com/watch?v=OTsokZS1Cvc And the whole series at ...

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This video works through a discussion question about the editing heuristics employed by prospect theory. As told to my students at Northeastern University.

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This video contains a behavioral economics definition of trust as a mental heuristic, or a rule of thumb. It touches upon behavioral economics concepts such as ...

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Daniel Kahneman, Nobel laureate and father of behavioural economics, talks about the cognitive biases that affect our decision-making, a topic explored in his ...

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Presented by Sandor Lehoczky. 2016.

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In this video, the cognitive scientist Laurie Santos (Yale University) explains the phenomenon of anchoring. She shows how arbitrary information sometimes can ...

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This one is for the Tuesday class of ECON 418 . And I guess any weirdos not in my class who are interested in Gerd Gigerenzer and ecological rationality.

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Bounded rationality is the idea that the cognitive, decision-making capacity of humans cannot be fully rational because of a number of limits that we face.

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Michelle Baddeley, author of Behavioural Economics: A Very Short Introduction, gives her top 10 things you should know about the science of behavioural ...

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We live in an age of incredible technological progress. However, the way humans harness and adopt these technologies is largely dependent on behavioural ...

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A live recording of the viewpoints on behavioural economics by Gerd Gigerenzer and Nassim Nicholas Taleb at RiskMinds International, 2016. Find out more at ...

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The availability bias happens when we overestimating the likelihood of something happening because a similar event has either happened recently or because ...

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People prefer to carry on behaving as they have always done even when the circumstances that might influence their decisions change. Repeat choices ...

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