Using Decision Errors to Help People Help Themselves Harvard Case Solution & Analysis

Whether save for retirement, your aim will be to lose weight or stop smoking, most people have a clear notion of the long-term targets that we would like to attain for ourselves. Regrettably, most of us also fail to implement the necessary course of action to generate these outcomes. Why do not we just make the choices necessary to make our goals a reality? The writers argue that Behavioral Economics can offer solutions to difficulties that naturally arise from individual behavior.

Not only does it acknowledge that human behavior is frequently far from ideal, but in addition, it identifies a variety of selection errors and prejudices that contribute to departures from optimality. The writers show that many of the same decision errors that produce self destructive behavior in the first place can in fact be used to people's individual and collective gain.

Using Decision Errors to Help People Help Themselves7 Case Study Solution

PUBLICATION DATE: January 01, 2010 PRODUCT #: ROT103-PDF-ENG

This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE

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