Global Certificate in Behavioral Economics Insights for Decision Making
-- ViewingNowThe Global Certificate in Behavioral Economics Insights for Decision Making is a comprehensive course that equips learners with essential skills to understand and apply behavioral economics principles in real-world scenarios. This course highlights the importance of behavioral economics in decision-making processes and provides practical insights to help learners make informed decisions that positively impact their careers and businesses.
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⢠Introduction to Behavioral Economics – Understanding the field that combines insights from psychology, judgment, decision making, and economics to generate a more accurate understanding of human behavior.
⢠Biases & Heuristics in Decision Making – Exploring cognitive shortcuts, mental models, and common biases that influence individual and group decision-making processes.
⢠Bounded Rationality – Examining the limitations in human rationality when making decisions, given the complexity of the real-world environment and information processing constraints.
⢠Prospect Theory & Loss Aversion – Delving into the ways people perceive gains and losses, and how the fear of loss often outweighs the desire for equivalent gain, affecting decision making in various contexts.
⢠Behavioral Game Theory – Investigating how insights from behavioral economics can be applied to game theory to better predict and understand strategic decision-making outcomes.
⢠Nudging & Behavioral Design – Learning about the concept of nudging, choice architecture, and behavioral design to create interventions that promote desirable behaviors and outcomes.
⢠Behavioral Public Policy – Exploring the practical applications of behavioral economics in policy-making, regulation, and public service design to improve societal well-being.
⢠Experimental Methods in Behavioral Economics – Understanding the experimental approaches and research designs commonly employed in behavioral economics to test and validate theories.
⢠Ethics in Behavioral Economics – Examining the ethical implications of applying behavioral economics insights in different contexts and ensuring responsible practice.
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