Behavioural economics Study guides, Revision notes & Summaries

De quiz vragen van het vak van 2022/2023 en aantekeningen van de lectures met aantekeningen van de discussie erbij. De volgende artikelen zijn inbegrepen in de samenvatting: Page: MEANING, MEASURE, AND MORALITY OF MATERIALISM Lea & Webley: Money as tool, money as drug Hsee, C. K., Zhang, J., Cai, C. F., & Zhang, S. (2013). Overearning Mussel, P., Reiter, A. F. M., Osinsky, R., & Hewig, J. (2014). State- and trait-greed, its’ impact on risky decision-making, and underlying neural mechanisms...

Notes on the module Behavioural Economics

Samenvatting van het boek dat hoort bij het vak 'Psychology of Economic Behavior'. De samenvatting omvat de volgende hoofdstukken: 1, 2, 3, 7, 8, 9, 10, 11, 19, 26. De samenvatting is in het Engels, maar is goed leesbaar. De begrippen worden tijdens het vak ook in het Engels gegeven en komen dus overeen met de begrippen zoals in deze samenvatting.

IOP3708_EXAM_NOTES Page 1 of 39 IOP 3708 NOTES Specific Outcome 1 Specific Outcome 1: Students can describe and discuss behavioural finance, neuroeconomics, firstly in terms of background, conventional finance, prospect theory and market efficiency; secondly the behavioural science foundations of heuristics and biases; overconfidence, and emotional foundations and thirdly, in terms of the history of decision making Assessment criteria: • Theories and definitions of behavioural finance...

PNR 415 EXAM LATEST UPDATE GRADED A+ CNO Entry to Practice Competencies Conceptual framework Patient Acuity Self regulation CNO Conflict Resolution Resolution approaches Techniques Values clarification Conflict prevention and management What is mediation? Provinces decide how much money to spend on health services, where to deliver these services, where to locate hospitals, and how many doctors are needed. federal in the Yukon, Nunavut, and the Northwest Territories and of Aboriginal people...

Behavioural Economics: Key Definitions 2024 tipping Traditional economic theories assumed that people make self-serving, rational, and consistent decisions but how to your explain: ( ), purchasing fashionable things that look good on waif models, and stampedes at Walmart for the next hot toy? decision-making Tversky and Kahneman were the first to start looking at the ( ) from a psychological perspective. heuristics mental shortcuts or rules of thumb that people rely on to make ...

Behavioural Economics Biases Learning Q&A 2024 What is behavioural economics in regards to pure? It is contrary to the basic assumptions of economics, challenging the assumption that economic agents always make rational choices. What do individuals, regardless of intelligence, make decisions subject to? Three unavoidable constraints: a) Imperfect information b) Limited mental processing ability c) Time Status Quo Bias This is where people generally prefer that things remain ...

(1) What stages do groups pass through? 1. Idea generation, implementation and termination. 2. Introduction, high productivity and decline. 3. Initiation, evolution, maturation and decline. 4. Forming, storming, norming, performing and adjourning. (2) How would you describe a work group? 1. A group whose individual efforts result in a performance that is greater than the sum of the individual inputs. 2. A group that primarily interacts to share information and to make decision...

A summary of the UU course 'psychology and economic behaviour', containing a lot of information on different subjects, like prospect theory, framing, behavioural economics, risk aversity, and a lot more.