PPT-Behavioral Economics of Incentives

Scott Jeffrey PhD Monmouth University 1 What a piece of work is man How noble in reason how infinite in faculties Hamlet Act II Scene 2 What fools these mortals be A Midsummers Nights Dream. 1. Behavioral Economics. The model of economic behavior we have considered . in this course is . restrictive in a number of ways. Economic agents are assumed to be perfectly rational. Agents are assumed to perfectly understand risk and uncertainty. Anand S. Rao. September 23. rd. , 2008. For more information contact:. Anand S. Rao. Partner. Anand.Rao@diamondconsultants.com. Mobile: 617.633.8354. Agenda. What is Behavioral Economics (BE)?. What is the relevance of BE in Health/Wealth Decisions?. William H. Brady, MD, MBA, MSc. Medical Director, Employee Health. Adjunct Faculty UNM, Texas A&M . HSc. , and Univ. Of Utah. Shar Haley, RN, . CRRN, CCM. , . SPHR; Manager. , Employee Health. Economics. Behavioral issues . in energy and the environment. Economics 331b. Spring 2011. 2. Agenda as of 2/16. Today: Behavioral economics. Friday: Lint will lead review session. Monday: Climate science. Wednesday: Climate science and . WEF Penn Conference. May . 9, . 2016. Department of Health Care Management. Center for Health Incentives and Behavioral Economics, . Leonard Davis Institute . University of Pennsylvania . School of Medicine. Bay - An . Exploratory . Workshop. Presentation to the Citizens Advisory Committee. November 20, 2014. Planning Committee and Attendees. Planning Committee. Charlie Abdalla, Committee Chair, Penn . State University. Shogren. , J. F. and L. O. Taylor (. 2008. ).. About the authors . Jason . Shogren. . Stroock. . Professor of Natural Resource Conservation and Management, Economics & Finance, College of Business University of Wyoming. Herbert Gintis. Santa Fe . Institute. April 2015. Disarray of the Behavioral Sciences. The behavioral sciences (economics, sociology, anthropology, psychology, political science, biology) are in . profound disarray. Laibson. & List, 2015). Definition. Introduction to Behavioral Economics. www.EconEdLink.org . 2. System 1 – “operates automatically and quickly, with little or no effort and no sense of voluntary control.”. Application of economic theory to predict and control behavior. Microeconomics. Assumes law of supply and demand. Is an outgrowth of unidimensional explanations of reinforced behavior. Four Major Premises. Behavioral Economics and Development Chapter prepared for the Handbook of Behavioral Economics (Vol 2) Michael Kremer, Gautam Rao and Frank Schilbach Harvard University, MIT and NBER 1 2 Historical views of development: Theme 2. Economics. Economics: the study of how people . choose. to use resources.. It is the study of choices. .. What are your resources? . Economics is not a science.. It is a set of theories, but none, has scientific validity.. B H A - Organizations Fall 20 20 B achelor of Humanities and Arts (B H A) Dietrich College (DC) Concentration in Behavioral Economics, Policy & Organizations 81 units (minimum) Advisor: Lizzy Stoyle MajorAcademicAdvisorLizzy StoylePH 208GFaculty DirectorSaurabh BhargavaPH 319FWebsitehttp//coursecatalogwebcmuedu/dietrichcollegeofhumanitiesandsocialsciences/departmentofsocialanddecisionsciences/maj