According to economics, humans are rational beings that make decision according to deep thought and analysis. This does not hold true in the real world as humans tend to be irrational and take mental shortcuts to make decisions.
One question might pop up: How do humans take these mental shortcuts?
The answer to this question is Heuristics & Biases.
At the end of this course, students will be able to
- Name at least 4 effects and biases
- Differentiate between these heuristics and biases
- Analyze human irrationality
- Name solutions to battle the human irrationality
- Integrate these solutions in a study
- Dozent: Maia Tomadze