The Hidden Forces That Shape Our Decisions Presented by : Bob Brown Heidi Wright Tammi Thompson

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The Hidden Forces That Shape Our Decisions

Predictably Irrational

Presented by :Bob BrownHeidi WrightTammi Thompson

Introduction

What happened

?

Observation Altered thinking1 21

Texas A&M University - Commerce

Source: http://www.predictablyirrational.com/?page_id=113

Introduction

Texas A&M University - Commerce

Source: http://www.predictablyirrational.com/?page_id=113

“What are these deeply held beliefs

that people have that are actually

wrong?”

The Truth about Relativity

Texas A&M University - Commerce

The Cost of Zero Cost

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What is it about zero cost that is so irresistible?

The Problem of Procrastination and Self-Control

Texas A&M University - Commerce

For

Tomorrow

PROCRASTINATION

The Power of Price

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How does suggestion influence us?Is a 50 cent aspirin more

effective than a 1 cent aspirin?

The Context of Our Character

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Why are we dishonest?

Context of our Character

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Is a little cheating

okay?

The High Price of Ownership

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SELLER

BUYER

Why do we overvalue

what we have?

Beer & Free Lunches

Texas A&M University - Commerce

What is Behavioral Economics and

where are the free lunches?

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