Social Norms and Altruism
Nikolay Krylovskiy2020-04-12T19:37:55-04:00Social Norms Social norms affect individual behaviour and choices. A norm is a pattern of behaviour that is widely accepted ...
Decision Making Bias
Nikolay Krylovskiy2020-04-12T19:38:28-04:00Decision Making Bias Heuristics Behavioural economist, Herbert Simon, argued that, when faced with complex decisions, individuals (using System 1 thinking) ...
Bounded rationality and self control
Nikolay Krylovskiy2020-01-17T13:40:14-05:00Bounded rationality and self control Bounded rationality Herbert Simon, writing in the 1950s, pioneered the idea that individuals, faced with ...
Decision making systems
Nikolay Krylovskiy2020-01-31T14:45:32-05:00Decision making systems Following the lead of Nobel Prize winner, Daniel Kahneman, behavioural theorists often use the two systems model ...
Introduction to behavioural economics
Nikolay Krylovskiy2020-01-31T14:46:44-05:00Introduction to behavioural economics Behavioural economics attempts to understand the effect of individual psychological processes, including emotions, norms, and habits ...