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2

The Rise of Behavioral Economics

Lecture no. 2 from the course: Behavioral Economics: When Psychology and Economics Collide

The Rise of Behavioral Economics

Taught by Professor Scott Huettel | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Grasp how behavioral economics uses methods from both economics and psychology to better understand biases and anomalies in decision making—factors that “rational choice” models don’t explain. Learn three core experimental principles of behavioral economics, and about Prospect Theory, which helps explain what human beings value.

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October 27, 2016

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February 6, 2016

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