A list of puns related to "Behavioral Economics"
It's paid for by my work so I'm flexible on cost!
EDIT: Ideally one that comes with a certificate!
Hey there.
I'm an economics student. I want to know how can new technologies like AI and Machine learning contribute to the economics literature?
Hi!
I'm in Professor Dean's Behavioral Economics. If you have taken the class before, can you talk a bit about it? I'm wondering about whether the class is good or not, manageable or not, etc. He only has one CULPA review.
Thanks so much!
In a market like this (with so many new investors experiencing a bull market turn choppier), I thought it might be good to remind everyone of the psychology of investing. You want to be aware of potential biases and factors contributing to your decision-making. If you don't know what you don't know (the Dunning Kruger effect), you are screwed.
Our human brain is not a rational economic actor. When faced with uncertainty, even the best investing minds may throw good money after bad, sell at the first sign of trouble or make all manner of muddled financial decisions.
These flaws in our everyday decision-making, first chronicled in the 1970s by Israeli psychologists Daniel Kahneman and Amos Tversky, gave rise to the field known as behavioral economics, which aims to mitigate the effects of these embarrassing foibles by heightening our awareness of them.
https://preview.redd.it/k8vzv1ho11381.png?width=802&format=png&auto=webp&s=ecee7ad364716b8f78c7862d48bf4fe31aadf33c
You buy stock in XYZ Corp. and, after several lackluster earnings reports, find itβs down 25% from what you paid for it. Which is the best course of action?
Reexamining the investment is the right move. However, many investors will instead hold a stock until it reaches a value they have in their head (the price they paid for it, say, or a previous high)βa behavioral bias known as anchoring. Getting wed to a number can weigh down your judgment, even when the price youβre anchored to is irrelevant to the decision at hand.
https://preview.redd.it/ctnf004s11381.png?width=2388&format=png&auto=webp&s=3fd95df0f270ac7c746c5d87366ff77007c8933d
In one seminal study,Kahneman and Tversky spun a wheel containing the numbers 0 through 100 and then asked their research subjects what percentage of the United Nations is made up of African countries. When the wheel landed on 10, the average estimate was 25%, whereas when the number landed on 65, the average estimate was 45%. The numbers on the wheel had absolutely nothing to do with the question at hand, but they influenced the research subjectsβ estimates nonetheless.
**A year after buying two particularly promising stocks, one has surged while the other has sl
... keep reading on reddit β‘Iβll be taking the class this coming semester and I have a choice between that and Employee compensation and incentives (but the second choice will make my tuesdays and thursdays VERY heavy). How tough is behavioral economics?
Full-text: sci-hub.se/10.1016/j.jneb.2014.12.006
>approximately 95% of children aged of 9β13 years do not meet the dietary recommendation for total daily vegetable intake.^(4)
Table 1. Behavioral Economics Strategies Tested for Effectiveness
Strategy/Example | Rationale |
---|---|
Pair vegetables with other foods the child already likes. For example, add beans (less liked) to tacos (liked). | Associative conditioning (flavorβflavor learning) has promoted vegetable intake among middle school children.^(27) |
Make vegetables more easily available and visible than other foods at the dinner meal. For example, place the vegetable serving dish on the dinner table and keep other foods in another room and/or out of sight. | Increasing the prominence and convenience of certain foods while decreasing the accessibility and convenience of other foods has resulted in changes in intake of each food.^(28) |
Serve vegetables before the rest of the meal. For example, serve vegetables while dinner is being prepared. | Removing competition with other foods or decreasing non-fruit or vegetable options improved fruit intake among preschool children.^(29) |
Use a dinner plate that shows the amount of vegetables to eat for a meal. Use paper plates provided for all family members for 3 meals with sections printed according to MyPlate (MyPlate Paper Portion Plate, Positive Promotions, 15 Gilpin Ave, Hauppauge, NY). | Use of assortment allocation cues (pictures in school lunch tray compartments) has improved selection and consumption of vegetables among school-aged children.^(30) |
Offer the child 2 vegetable options for dinner, 1 liked and 1 less liked. Then let the child choose what is served. | Contrasting a liked option against the competition of a less liked option (asymmetric dominance) has resulted in changes in consumer decision making.^(31) |
If the caregiver puts vegetables on the childβs plate, give more than usual. If children typically serve themselves, put a larger spoon than normally used with the vegetable so they get more than usual. | Using a larger serving spoon makes the default option a larger serving and has increased ice cream intake among nutrition experts.^(32) |
Eat dinner together with an adult(s) modeling vegetable consumption. | Decision making may be influenced by parental social (descriptive) norms representing a departure from the assumption of rationality. Associations have |
Hello! Need help on writing a 2-page short essay, citing at least 3 papers, to be ready in 2 or 3 days. Thank you!
Iβm a freshman neuroscience and economics double major so i realize itβs still quite difficult and somewhat early to know exactly what iβd want to do after undergrad but i know i really want to do neuroscience related research as well as practice medicine, however, i donβt want to not be able to use my knowledge of economics in that field. I love neuroscience a lot more than i love economics but i still donβt want to have to give it up in the long run. Basically iβm just trying to ask if anyone knows of anyone doing something similar and how theyβre basically making it work.
Please contact me if you can handle behavioral economics. I will send you a few past questions to determine your ability,
Hi, I'm currently doing my thesis on the option of using nudges to fight back against fake news and disinformation. Can you recommend me some books or articles, or even some really important topics I should cover? Thank you ahead.
Do you agree or disagree that governments and companies should use lie's for noble causes?
Hi,
I would like to invite you to participate in my senior seminar economics experiment. if you are interested please use the link below:
Your participation is important for me and highly appreciated!!! Good luck!
Respectfully,
Omar
Which universities have some great Behavioral Economics faculty?
I work full time as a marketing analyst and have a young child at home so quitting my job and going back to school are not possible for me, but I would love to build on my B.A. in Econ with a Masters, specifically in Behavioral Econ. Some Google searching reveals that these programs are hard to come by. Is anyone out there aware of Masters in Behavioral Econ degrees?
Thanks for any help you all can provide!
Hello, Behavioral Economics community! This is my first post. I'm currently an undergrad studying Economics and Psychology in Canada. I really want to start working in this field and was looking for summer internships for next summer. I couldn't find a lot of internships and the only one I did find, has a requirement for a past project in Behavioral Science. Can anyone explain how I can start on a Behavioral Economics project, given I'm an undergrad student? And if someone has an idea how I can find more internships, that'll be great.
Dear bitcoiners!
For the final project in a Behavioral Economics course, I need a survey with a decent sample size. As this survey is Bitcoin-related, I post it here. It's 3 questions only and the first two are the warm-up.
https://qfreeaccountssjc1.az1.qualtrics.com/jfe/form/SV_7Ukz0uX74WC9vds
I will post the results afterward.
Thank you so much to those who help!
My school doesnβt have βbehavioral economicsβ as a specific major so
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