Mastering Management With Behavioral Economics PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Mastering Management With Behavioral Economics PDF full book. Access full book title Mastering Management With Behavioral Economics.

Mastering Management with Behavioral Economics

Mastering Management with Behavioral Economics
Author: Julia
Publisher: Sunshine
Total Pages: 0
Release: 2023-12-02
Genre:
ISBN:

Download Mastering Management with Behavioral Economics Book in PDF, ePub and Kindle

Behavioral Economics is a fascinating field that combines insights from psychology and economics to understand and predict human behavior in decision-making processes. It delves into the intricacies of why people make certain choices, often deviating from traditional economic theories that assume individuals are consistently rational and always act in their best interest. This subchapter aims to provide an overview of Behavioral Economics, shedding light on its fundamental concepts and principles. Whether you are a student, a business professional, or simply curious about human behavior, understanding Behavioral Economics can offer valuable insights into how individuals and societies make decisions. At its core, Behavioral Economics recognizes that humans are prone to biases, cognitive limitations, and emotions that influence their choices. It challenges the traditional economic assumption that individuals always act rationally by exploring the various factors that impact decision-making, such as social influences, heuristics, and framing effects. By studying Behavioral Economics, you will gain a deeper understanding of why people often make seemingly irrational choices. For instance, why do we tend to overestimate our abilities? Why do we prefer avoiding losses rather than acquiring equivalent gains? These questions and more will be answered as we explore the fascinating world of behavioral economics. Throughout this subchapter, we will delve into key theories and experiments that have shaped the field of Behavioral Economics. We will explore concepts like prospect theory, which explains how people evaluate and make decisions under uncertainty, and the endowment effect, which describes our tendency to value objects we own more than identical objects that we do not own. Additionally, we will discuss the practical applications of Behavioral Economics in various domains, such as marketing, finance, and public policy. By understanding the underlying mechanisms that drive human behavior, you will be better equipped to design effective strategies, influence consumer choices, and drive positive change.


How Behavioral Economics Influences Management Decision-Making

How Behavioral Economics Influences Management Decision-Making
Author: Kelly Monahan
Publisher: Academic Press
Total Pages: 279
Release: 2018-07-20
Genre: Business & Economics
ISBN: 0128135689

Download How Behavioral Economics Influences Management Decision-Making Book in PDF, ePub and Kindle

How Behavioral Economics Influences Management Decision-Making: A New Paradigm critically reexamines the management function in 21st century workplaces. The book seeks to examine and explain the real-world behaviors of employees and acknowledge the human nature that binds us all together and how to appeal to these characteristics in order to help organizations prosper. It explores well-observed but rarely understood features of employee cognition and irrationality, challenging the dominant discourse and offering an alternative to gain greater competitive advantage in today's complex markets. It also provides an effective new framework on the best ways to develop relevant management skills as they pertain to hiring, performance management, change management, employee engagement, and goal setting. As the knowledge economy continues to grow, the social bonds within companies will prove to be a key differentiation to deliver on the next big idea. Developing productive decisions with staff in the talent-driven global economy increasingly requires the development of "intrinsic" meaning in work, a human-centered work-place culture, and human-focused working practices. This book tackles these topics in comprehensive and efficient detail. Provides a framework to simply and effectively apply behavioral principles in organizations of any size Focuses on agent motivations and behavior and how they directly impact talent management in the knowledge economy Highlights empirical studies, detailing the impact of heuristics on hiring, performance management, change management, employee engagement, and goal-setting decisions


Behavioral Economics for Leaders

Behavioral Economics for Leaders
Author: Matthias Sutter
Publisher: John Wiley & Sons
Total Pages: 263
Release: 2023-01-05
Genre: Business & Economics
ISBN: 1119982979

Download Behavioral Economics for Leaders Book in PDF, ePub and Kindle

Every leader should know the surprising research and strange conclusions of behavioral economics--for fairness, teamwork and productivity You and your colleagues don’t always make rational decisions. Sometimes that's a problem that leaders must address, and and sometimes that can be a good thing--when employees put their colleagues interests ahead of their own. Dr. Matthias Sutter, a leading economist from Germany's world-renowned Max Planck Institute explains the latest surprising insights based on behavioral economics research. The book explains how people tick, how they react to incentives (monetary or non-monetary in nature) and what that means for working together—or against each other—at work. Dr. Sutter summarizes new and classic behavorial science research that applies the everyday business world, so leaders can improve teams and organizations, the research-based way. Find out which factors are important for professional success, from career entry to senior management. Start your career on the right footing, advance quicker, and strategize how to meet your goals Understand what’s holding your colleagues back from productivity and implement evidence-based changes Identify hidden biases in yourself and others to overcome inequalities and inefficiencies Become a better leader and decision-maker by learning to interpret people’s actions Individuals, organizations, and teams will benefit from the often-counterintuitive wisdom in this book. Based on the author’s 20 years of research—plus the findings of the world’s top behavioral economists—Behavioral Economics for Leaders can help you get your team and your organization where you want to lead it.


Influence Is Your Superpower

Influence Is Your Superpower
Author: Zoe Chance
Publisher: Random House
Total Pages: 305
Release: 2022-02-01
Genre: Business & Economics
ISBN: 1984854348

Download Influence Is Your Superpower Book in PDF, ePub and Kindle

Rediscover the superpower that makes good things happen, from the professor behind Yale School of Management's most popular class “The new rules of persuasion for a better world.”—Charles Duhigg, author of the bestsellers The Power of Habit and Smarter Faster Better You were born influential. But then you were taught to suppress that power, to follow the rules, to wait your turn, to not make waves. Award-winning Yale professor Zoe Chance will show you how to rediscover the superpower that brings great ideas to life. Influence doesn’t work the way you think because you don’t think the way you think. Move past common misconceptions—such as the idea that asking for more will make people dislike you—and understand why your go-to negotiation strategies are probably making you less influential. Discover the one thing that influences behavior more than anything else. Learn to cultivate charisma, negotiate comfortably and creatively, and spot manipulators before it’s too late. Along the way, you’ll meet alligators, skydivers, a mind reader in a gorilla costume, Jennifer Lawrence, Genghis Khan, and the man who saved the world by saying no. Influence Is Your Superpower will teach you how to transform your life, your organization, and perhaps even the course of history. It’s an ethical approach to influence that will make life better for everyone, starting with you.


Behavioral Economics and Finance Leadership

Behavioral Economics and Finance Leadership
Author: Julia Puaschunder
Publisher: Springer Nature
Total Pages: 183
Release: 2020-10-19
Genre: Business & Economics
ISBN: 3030543307

Download Behavioral Economics and Finance Leadership Book in PDF, ePub and Kindle

This book explores human decision-making heuristics and studies how nudging and winking can help citizens to make rational choices. By applying the behavioral economics approach to political outcomes, it demonstrates how economics can be employed for the greater societal good. It starts with a review of the current literature on human decision-making failures in Europe and North America, presenting the wide range of nudges and winks developed to curb the harmful consequences of human decision-making fallibility. It then discusses the use of mental heuristics, biases and nudges in the finance domain to benefit economic markets by providing clear communication strategies. Lastly, the author proposes clear leadership and followership directives on nudging in the digital age. This book appeals to scholars and policy makers interested in rational decision-making and the use of nudging and winking in the digital age.


Misbehaving: The Making of Behavioral Economics

Misbehaving: The Making of Behavioral Economics
Author: Richard H. Thaler
Publisher: W. W. Norton & Company
Total Pages: 502
Release: 2015-05-11
Genre: Business & Economics
ISBN: 0393246779

Download Misbehaving: The Making of Behavioral Economics Book in PDF, ePub and Kindle

Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award


An Introduction to Behavioral Economics

An Introduction to Behavioral Economics
Author: Nick Wilkinson
Publisher: Bloomsbury Publishing
Total Pages: 616
Release: 2017-12-16
Genre: Business & Economics
ISBN: 1137524138

Download An Introduction to Behavioral Economics Book in PDF, ePub and Kindle

The third edition of this successful textbook is a comprehensive, rigorous survey of the major topics in the field of behavioral economics. Building on the strengths of the second edition, it offers an up-to-date and critical examination of the latest literature, research, developments and debates in the field. Offering an inter-disciplinary approach, the authors incorporate psychology, evolutionary biology and neuroscience into the discussions. And, ultimately, they consider what it means to be 'rational', why we so often indulge in 'irrational' and self-harming behavior, and also why 'irrational' behavior can sometimes serve us well. A perfect book for economics students studying behavioural economics at higher undergraduate level or Master's level. This new edition features: - Extended material on heuristics and biases, and new material on neuroeconomics and its applications - A wealth of new topical case studies, such as voting behavior in Brexit and the Trump election and the current obesity epidemic - More examples and review questions to help cement understanding


Introduction to Behavioral Economics

Introduction to Behavioral Economics
Author: David R. Just
Publisher: Wiley Global Education
Total Pages: 526
Release: 2013-11-21
Genre: Business & Economics
ISBN: 1118805925

Download Introduction to Behavioral Economics Book in PDF, ePub and Kindle

Introduction to Behavioral Economics is focused on the broad principles of behavior, which are illustrated using real-world examples from experimental literature as well as experiential examples. Real-world examples are drawn from news items, historical accounts and the economics literature. Experimental examples are drawn from the economics literature. These examples are discussed providing explanatory figures and interpretations. With the rise of both behavioral finance and behavioral industrial organization, undergraduates now clamor for formal training and instruction in behavioral economics. Introduction to Behavioral Economics covers all the ways consumers and other economic agents behave in nonrational manner and prepares readers to make rational economic choices. This text provides experiments as a set of examples of the broader principles of behavior.


Behavioral Economics Complete Self-Assessment Guide

Behavioral Economics Complete Self-Assessment Guide
Author: Gerardus Blokdyk
Publisher: Createspace Independent Publishing Platform
Total Pages: 78
Release: 2017-05
Genre:
ISBN: 9781546417255

Download Behavioral Economics Complete Self-Assessment Guide Book in PDF, ePub and Kindle

Is Behavioral Economics currently on schedule according to the plan? Does Behavioral Economics create potential expectations in other areas that need to be recognized and considered? What about Behavioral Economics Analysis of results? Will team members perform Behavioral Economics work when assigned and in a timely fashion? Has the direction changed at all during the course of Behavioral Economics? If so, when did it change and why? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' For more than twenty years, The Art of Service's Self-Assessments empower people who can do just that - whether their title is marketer, entrepreneur, manager, salesperson, consultant, business process manager, executive assistant, IT Manager, CxO etc... - they are the people who rule the future. They are people who watch the process as it happens, and ask the right questions to make the process work better. This book is for managers, advisors, consultants, specialists, professionals and anyone interested in Behavioral Economics assessment. Featuring 372 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Behavioral Economics improvements can be made. In using the questions you will be better able to: - diagnose Behavioral Economics projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Behavioral Economics and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Behavioral Economics Index, you will develop a clear picture of which Behavioral Economics areas need attention. Included with your purchase of the book is the Behavioral Economics Self-Assessment downloadable resource, containing all questions and Self-Assessment areas of this book. This enables ease of (re-)use and enables you to import the questions in your preferred management tool. Access instructions can be found in the book. You are free to use the Self-Assessment contents in your presentations and materials for customers without asking us - we are here to help. This Self-Assessment has been approved by The Art of Service as part of a lifelong learning and Self-Assessment program and as a component of maintenance of certification. Optional other Self-Assessments are available. For more information, visit http://theartofservice.com