Description

Why do our brains fail us in making rational intertemporal decisions in favor of our own good? The growth of Behavioral Economics has been nurtured by the inability of neoclassical economic theory - based on the assumptions of perfect rationality, unlimited self-control and exclusive interest in material payoff - to spell out why people make irrational choices and why people's short term preferences are largely inconsistent with their long term goals. By integrating the effects of social, emotional and cognitive factors in the analysis of how individuals process information to make decisions, this course offers essential knowledge in how to make psychologically realistic assumptions and predictions about human behavior.

The course is designed for economists, engineers, medical practitioners, teachers and any other professionals interested in better understanding human decision making.

Highlights

By intergrating the effects of social, emotional and cognitive factors in the analysis of how individuals process information to make decisions, this course offers essential knowledge in how to make psychologically realistic assumptions and predictions about human behavior.

Subject Areas

• Accounting
• Economics
• Finance

Cost in US$:

Please contact us for details.

This Program is open to

Worldwide Participants.

Typical Living Arrangements

• Apartment/Flat
• Dormitory
• Independent living
• Other

Participants Travel

Independently

Typically Participants Work

Independently

Application Process Involves

• Letters of Reference
• Online Application plus Application Assessment
• Other

Post Services Include

• Alumni Network

Year Founded

1975