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| Tough Topics in Behavioral Economics | Description |
|---|---|
| Prospect Theory and Loss Aversion | Understanding decision-making under risk, emphasizing loss aversion. |
| Hyperbolic Discounting | Analyzing how individuals value rewards over time, considering temporal discounting patterns. |
| Bounded Rationality | Exploring cognitive limitations' impact on decision-making, as per Herbert Simon's theory. |
| Nudging and Behavioral Interventions | Examining behavioral interventions and how subtle changes influence choices. |
| Endowment Effect and Mental Accounting | Understanding endowment effect and mental accounting's influence on perceived value. |
| Self-Control and Time Inconsistency | Delving into challenges tied to self-control and the role of time inconsistency in decisions. |
| Social Preferences and Fairness | Exploring concepts like social preferences, reciprocity, and their effect on economic behavior. |
| Behavioral Game Theory | Analyzing game theory within a behavioral context, where human behavior deviates from traditional predictions. |
| Anchoring and Framing | Understanding how anchoring and framing shape decision-making and value perceptions. |
| Overconfidence and Cognitive Biases | Unraveling the impact of cognitive biases, particularly overconfidence, on choices and judgments. |
