How Behavioral Economics Influences Management Decision Making

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How Behavioral Economics Influences Management Decision-Making

How Behavioral Economics Influences Management Decision-Making
  • Author : Kelly Monahan
  • Publisher : Academic Press
  • Release Date : 2018-08-02
  • Total pages : 278
  • ISBN : 9780128135686
  • File Size : 9,5 Mb
  • Total Download : 678
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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

How Behavioral Economics Influences Management Decision-Making

How Behavioral Economics Influences Management Decision-Making
  • Author : Kelly Monahan
  • Publisher : Academic Press
  • Release Date : 2018-08-08
  • Total pages : 278
  • ISBN : 012813531X
  • File Size : 26,7 Mb
  • Total Download : 998
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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

The Elements of Choice

The Elements of Choice
  • Author : Eric J. Johnson
  • Publisher : Penguin
  • Release Date : 2021-10-12
  • Total pages : 401
  • ISBN : 9780593084458
  • File Size : 26,5 Mb
  • Total Download : 382
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A leader in decision-making research reveals how choices are designed—and why it’s so important to understand their inner workings Every time we make a choice, our minds go through an elaborate process most of us never even notice. We’re influenced by subtle aspects of the way the choice is presented that often make the difference between a good decision and a bad one. How do we overcome the common faults in our decision-making and enable better choices in any situation? The answer lies in more conscious and intentional decision design. Going well beyond the familiar concepts of nudges and defaults, The Elements of Choice offers a comprehensive, systematic guide to creating effective choice architectures, the environments in which we make decisions. The designers of decisions need to consider all the elements involved in presenting a choice: how many options to offer, how to present those options, how to account for our natural cognitive shortcuts, and much more. These levers are unappreciated and we’re often unaware of just how much they influence our reasoning every day. Eric J. Johnson is the lead researcher behind some of the most well-known and cited research on decision-making. He draws on his original studies and extensive work in business and public policy and synthesizes the latest research in the field to reveal how the structure of choices affects outcomes. We are all choice architects, for ourselves and for others. Whether you’re helping students choose the right school, helping patients pick the best health insurance plan, or deciding how to invest for your own retirement, this book provides the tools you need to guide anyone to the decision that’s right for them.

Behavioral Economics for Tourism

Behavioral Economics for Tourism
  • Author : Milena S. Nikolova
  • Publisher : Academic Press
  • Release Date : 2020-09-24
  • Total pages : 278
  • ISBN : 9780128138120
  • File Size : 22,8 Mb
  • Total Download : 958
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Behavioral Economics for Tourism applies behavioral perspectives to business and policy challenges in the tourism industry. The book enables professionals and early career researchers to succeed by focusing on market and consumer trends, technological advancements, and the modern tourist. It covers the transformation of purchasing decisions, tourism hosting dynamics, digital mediation and disintermediation of tourism organizations, service design, and planning policy considerations. The volume concludes with case studies illustrating successful and unsuccessful behavioral tactics and strategies for tourism businesses and organizations. Provides behavioral profiling of the digitally-informed, mobile, self-managed tourist Allows the tourism industry to better understand tourists, both cognitively and emotionally Supports business success, technology development and sustainability in the tourism industry Features case studies on behavioral tactics and strategies for use in tourism

The Paradox of Choice

The Paradox of Choice
  • Author : Barry Schwartz
  • Publisher : Harper Collins
  • Release Date : 2009-10-13
  • Total pages : 304
  • ISBN : 9780061748998
  • File Size : 42,5 Mb
  • Total Download : 232
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Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

Oxford Textbook of Global Public Health

Oxford Textbook of Global Public Health
  • Author : Roger Detels,Martin Gulliford,Quarraisha Abdool Karim,Chorh Chuan Tan
  • Publisher : Oxford University Press
  • Release Date : 2017
  • Total pages : 1717
  • ISBN : 9780198810131
  • File Size : 46,8 Mb
  • Total Download : 973
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Sixth edition of the hugely successful, internationally recognised textbook on global public health and epidemiology, with 3 volumes comprehensively covering the scope, methods, and practice of the discipline

Sustainable Consumption

Sustainable Consumption
  • Author : Dale Southerton,Alistair Ulph
  • Publisher : Oxford University Press, USA
  • Release Date : 2014
  • Total pages : 366
  • ISBN : 9780199679355
  • File Size : 12,8 Mb
  • Total Download : 588
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If global society is to address the many environmental and other sustainability challenges that confront us in the twenty-first century, such as climate change and water resources, it will be necessary to make significant changes in our patterns of consumption, production, and distribution. There is a growing realization that while changes in production and distribution are formidable, the proposed solutions may not succeed unless it is possible to persuade individuals and households to change their patterns of consumption to make them more sustainable. However there are significant differences in how key disciplines such as psychology, neuroscience, economics, politics, sociology, anthropology, and history conceptualise consumption, empirically test their theoretical predictions, and use these to inform policy-makers across the private, public and third sectors on how to make consumption more sustainable. This book contains chapters from world-leading experts in these different disciplines that seek to explain the perspectives on sustainable consumption of their disciplines, suggest how these might be further enriched by taking on board some of the findings from other disciplines, and consider what this implies for new policies to address the key sustainability challenges outlined above. The book is dedicated to Professor Sir Partha Dasgupta, one of the world's leading economists who has worked across a range of topics, including environmental and resource economics and development economics, and throughout his career has sought to incorporate into his economic thinking ideas from a range of other disciplines.

The Handbook of Behavioral Operations

The Handbook of Behavioral Operations
  • Author : Karen Donohue,Elena Katok,Stephen Leider
  • Publisher : John Wiley & Sons
  • Release Date : 2018-11-06
  • Total pages : 688
  • ISBN : 9781119138303
  • File Size : 26,6 Mb
  • Total Download : 471
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A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.

Behavioral Economics and Its Applications

Behavioral Economics and Its Applications
  • Author : Peter Diamond,Hannu Vartiainen
  • Publisher : Princeton University Press
  • Release Date : 2012-01-12
  • Total pages : 336
  • ISBN : 9781400829149
  • File Size : 55,5 Mb
  • Total Download : 806
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In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

Give Yourself a Nudge

Give Yourself a Nudge
  • Author : Ralph L. Keeney
  • Publisher : Cambridge University Press
  • Release Date : 2020-04-23
  • Total pages : 279
  • ISBN : 9781108715621
  • File Size : 22,6 Mb
  • Total Download : 158
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Enhancing your decision-making skills to make smarter decisions is the best way you can purposefully improve your life.

Behavioural Insights and Public Policy

Behavioural Insights and Public Policy
  • Author : Organisation for Economic Co-operation and Development
  • Publisher : Unknown
  • Release Date : 2017-03-14
  • Total pages : 404
  • ISBN : 926426907X
  • File Size : 21,6 Mb
  • Total Download : 388
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- Foreword and acknowledgements - Acronyms and abbreviations - Executive summary - Why bother? Context and approach - What's going on? Insights from the behavioural insight case studies - Where to go next? Shaping a policy and research agenda - Behavioural insights case studies: Consumer protection - Behavioural insights case studies: Education - Behavioural insights case studies: Energy - Behavioural insights case studies: Environment - Behavioural insights case studies: Financial products - Behavioural insights case studies: Health and safety - Behavioural insights case studies: Labour market - Behavioural insights case studies: Public service delivery - Behavioural insights case studies: Tax - Behavioural insights case studies: Telecommunications - Additional behavioural insights case studies - Glossary

The Oxford Handbook of Managerial Economics

The Oxford Handbook of Managerial Economics
  • Author : Christopher R. Thomas,William F. Shughart II
  • Publisher : OUP USA
  • Release Date : 2013-07-18
  • Total pages : 592
  • ISBN : 0199782954
  • File Size : 14,8 Mb
  • Total Download : 906
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The Oxford Handbook of Managerial Economics, the first of its kind, comprises 25 chapters contributed by leading scholars in the field who summarize the state of the art in managerial economics and point the way toward future areas of study for students, researchers and practitioners in all business-related disciplines.

Sludge

Sludge
  • Author : Cass R. Sunstein
  • Publisher : MIT Press
  • Release Date : 2021-09-07
  • Total pages : 168
  • ISBN : 9780262365338
  • File Size : 19,5 Mb
  • Total Download : 847
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How we became so burdened by red tape and unnecessary paperwork, and why we must do better. We've all had to fight our way through administrative sludge--filling out complicated online forms, mailing in paperwork, standing in line at the motor vehicle registry. This kind of red tape is a nuisance, but, as Cass Sunstein shows in Sludge, it can also also impair health, reduce growth, entrench poverty, and exacerbate inequality. Confronted by sludge, people just give up--and lose a promised outcome: a visa, a job, a permit, an educational opportunity, necessary medical help. In this lively and entertaining look at the terribleness of sludge, Sunstein explains what we can do to reduce it. Because of sludge, Sunstein, explains, too many people don't receive benefits to which they are entitled. Sludge even prevents many people from exercising their constitutional rights--when, for example, barriers to voting in an election are too high. (A Sludge Reduction Act would be a Voting Rights Act.) Sunstein takes readers on a tour of the not-so-wonderful world of sludge, describes justifications for certain kinds of sludge, and proposes "Sludge Audits" as a way to measure the effects of sludge. On balance, Sunstein argues, sludge infringes on human dignity, making people feel that their time and even their lives don't matter. We must do better.

Misbehaving: The Making of Behavioral Economics

Misbehaving: The Making of Behavioral Economics
  • Author : Richard H. Thaler
  • Publisher : W. W. Norton & Company
  • Release Date : 2015-05-11
  • Total pages : 432
  • ISBN : 9780393246773
  • File Size : 27,5 Mb
  • Total Download : 757
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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

Psychology and Behavioral Economics

Psychology and Behavioral Economics
  • Author : Kai Ruggeri
  • Publisher : Routledge
  • Release Date : 2021-09-22
  • Total pages : 408
  • ISBN : 9781000449976
  • File Size : 51,5 Mb
  • Total Download : 851
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Psychology and Behavioral Economics offers an expert introduction to how psychology can be applied to a range of public policy areas. It examines the impact of psychological research for public policymaking in economic, financial, and consumer sectors; in education, healthcare, and the workplace; for energy and the environment; and in communications. Your energy bills show you how much you use compared to the average household in your area. Your doctor sends you a text message reminder when your appointment is coming up. Your bank gives you three choices for how much to pay off on your credit card each month. Wherever you look, there has been a rapid increase in the importance we place on understanding real human behaviors in everyday decisions, and these behavioral insights are now regularly used to influence everything from how companies recruit employees through to large-scale public policy and government regulation. But what is the actual evidence behind these tactics, and how did psychology become such a major player in economics? Answering these questions and more, this team of authors, working across both academia and government, present this fully revised and updated reworking of Behavioral Insights for Public Policy. This update covers everything from how policy was historically developed, to major research in human behavior and social psychology, to key moments that brought behavioral sciences to the forefront of public policy. Featuring over 100 empirical examples of how behavioral insights are being used to address some of the most critical challenges faced globally, the book covers key topics such as evidence-based policy, a brief history of behavioral and decision sciences, behavioral economics, and policy evaluation, all illustrated throughout with lively case studies. Including end-of-chapter questions, a glossary, and key concept boxes to aid retention, as well as a new chapter revealing the work of the Canadian government’s behavioral insights unit, this is the perfect textbook for students of psychology, economics, public health, education, and organizational sciences, as well as public policy professionals looking for fresh insight into the underlying theory and practical applications in a range of public policy areas.

Applied Behavioral Economics Research and Trends

Applied Behavioral Economics Research and Trends
  • Author : Ianole, Rodica
  • Publisher : IGI Global
  • Release Date : 2016-12-12
  • Total pages : 255
  • ISBN : 9781522518273
  • File Size : 54,7 Mb
  • Total Download : 461
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Interdisciplinary factors in the modern business realm have significant impacts on economic agents within organizations. These behavioral influences affect multiple decision-making processes on both the individual and organizational levels. Applied Behavioral Economics Research and Trends provides a comprehensive examination of the social, psychological, and emotional factors in organizational behavior and economic decision-making and how these issues provide a deeper understanding of various economic behaviors. Highlighting relevant coverage across a range of topics, such as consumer behavior, inter-temporal choices, and self-employment, this book is ideally designed for managers, researchers, professionals, graduate students, and practitioners seeking scholarly material on the implications of behavioral economics across numerous industries.

The Winner's Curse

The Winner's Curse
  • Author : Richard Thaler
  • Publisher : Simon and Schuster
  • Release Date : 2012-06-26
  • Total pages : 240
  • ISBN : 9781451697872
  • File Size : 23,6 Mb
  • Total Download : 310
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Winner of the Nobel Memorial Prize in Economic Sciences Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers—they pay too much and suffer the "winner's curse"—why gamblers bet on long shots at the end of a losing day, why shoppers will save on one appliance only to pass up the identical savings on another, and why sports fans who wouldn't pay more than $200 for a Super Bowl ticket wouldn't sell one they own for less than $400. He also demonstrates that markets do not always operate with the traplike efficiency we impute to them.

Advances in Behavioral Economics

Advances in Behavioral Economics
  • Author : Colin F. Camerer,George Loewenstein,Matthew Rabin
  • Publisher : Princeton University Press
  • Release Date : 2011-12-12
  • Total pages : 768
  • ISBN : 9781400829118
  • File Size : 50,9 Mb
  • Total Download : 203
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Twenty years ago, behavioral economics did not exist as a field. Most economists were deeply skeptical--even antagonistic--toward the idea of importing insights from psychology into their field. Today, behavioral economics has become virtually mainstream. It is well represented in prominent journals and top economics departments, and behavioral economists, including several contributors to this volume, have garnered some of the most prestigious awards in the profession. This book assembles the most important papers on behavioral economics published since around 1990. Among the 25 articles are many that update and extend earlier foundational contributions, as well as cutting-edge papers that break new theoretical and empirical ground. Advances in Behavioral Economics will serve as the definitive one-volume resource for those who want to familiarize themselves with the new field or keep up-to-date with the latest developments. It will not only be a core text for students, but will be consulted widely by professional economists, as well as psychologists and social scientists with an interest in how behavioral insights are being applied in economics. The articles, which follow Colin Camerer and George Loewenstein's introduction, are by the editors, George A. Akerlof, Linda Babcock, Shlomo Benartzi, Vincent P. Crawford, Peter Diamond, Ernst Fehr, Robert H. Frank, Shane Frederick, Simon Gächter, David Genesove, Itzhak Gilboa, Uri Gneezy, Robert M. Hutchens, Daniel Kahneman, Jack L. Knetsch, David Laibson, Christopher Mayer, Terrance Odean, Ted O'Donoghue, Aldo Rustichini, David Schmeidler, Klaus M. Schmidt, Eldar Shafir, Hersh M. Shefrin, Chris Starmer, Richard H. Thaler, Amos Tversky, and Janet L. Yellen.

Sidetracked

Sidetracked
  • Author : Francesca Gino
  • Publisher : Harvard Business Press
  • Release Date : 2013-02-12
  • Total pages : 256
  • ISBN : 9781422191385
  • File Size : 37,9 Mb
  • Total Download : 881
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You may not realize it but simple, irrelevant factors can have profound consequences on your decisions and behavior, often diverting you from your original plans and desires. Sidetracked will help you identify and avoid these influences so the decisions you make do stick—and you finally reach your intended goals. Psychologist and Harvard Business School professor Francesca Gino has long studied the factors at play when judgment and decision making collide with the results of our choices in real life. In this book she explores inconsistent decisions played out in a wide range of circumstances—from our roles as consumers and employees (what we buy, how we manage others) to the choices that we make more broadly as human beings (who we date, how we deal with friendships). From Gino’s research, we see when a mismatch is most likely to occur between what we want and what we end up doing. What factors are likely to sway our decisions in directions we did not initially consider? And what can we do to correct for the subtle influences that derail our decisions? The answers to these and similar questions will help you negotiate similar factors when faced with them in the real world. For fans of Dan Ariely and Daniel Kahneman, this book will help you better understand the nuances of your decisions and how they get derailed—so you have more control over keeping them on track.

Production Management and Business Development

Production Management and Business Development
  • Author : Bohuslava Mihalčová,Petra Szaryszová,Lenka Štofová,Michal Pružinský,Barbora Gontkovičová
  • Publisher : CRC Press
  • Release Date : 2018-12-07
  • Total pages : 269
  • ISBN : 9780429888366
  • File Size : 53,5 Mb
  • Total Download : 928
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Trends in economic development rely on increasing human knowledge, which stimulate the development of new, sophisticated technologies. With their utilization production is raised and the intent is to decrease natural resources consumption and protect and save our life environment as much as we can. At the same time, increasing pressure is observed both from competition and customers. The way to be competitive is by improving manufacturing and services offered to the customer. These are the major challenges of contemporary enterprises. Organizations are improving their activities and management processes. This is necessary to manage the seemingly intensifying competitive markets successfully. Enterprises apply business-optimizing solutions to meet new challenges and conditions. This way ensuring effective development for long-term competitiveness in a global environment. This is necessary for the implementation of qualitative changes in the industrial policy. "Process Control and Production Management" (MTS 2018) is a collection of research papers from an international authorship. The authors present case studies and empirical research, which illustrates the progressive trends in business process management and the drive to increase enterprise sustainability development.

Real-World Decision Making: An Encyclopedia of Behavioral Economics

Real-World Decision Making: An Encyclopedia of Behavioral Economics
  • Author : Morris Altman
  • Publisher : ABC-CLIO
  • Release Date : 2015-06-23
  • Total pages : 499
  • ISBN : 9781440828164
  • File Size : 42,5 Mb
  • Total Download : 185
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The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. • Contains an informative introductory essay that familiarizes students with the various aspects of behavioral economics • Provides a list of additional readings for those interested in learning more about the topic • Includes cross-references in each entry to help readers make connections between related topics • Defines key terms that are likely to be unfamiliar to those without advance knowledge of the subject • Helps readers identify and study particular entry categories through accompanying Topic Finders