In this lecture, Konstantinos Katsikopoulos presents the concept of bounded rationality and contrasts two - as he calls it - cultures of research and analysis within Behavioral Economics: an "idealistic" and a "pragmatic" approach. Thereby, Katsikopoulos discusses amongst others their different assumptions on decision making (utility optimization vs. achievement of a satisfactory outcome), the psychological process as well as the epistemic aim and implications on policy recommendations (nudging vs. education). 2014 Level: leicht Bounded Rationality: The Two Cultures Konstantinos Katsikopoulos Netzwerk Plurale Ökonomik When we have to make a decision, we consider all the pros and cons, try to gather a lot of information and estimate what consequences this decision might have. And then we make an (at least somewhat) rational decision. Or do we? 2017 Level: leicht Choice blindness Petter Johansson TED Talk In this short video behavioural economist, Dan Aerily talks about how our cognitive illusions will trick us into believing something that is otherwise deemed irrational by the homo economicus. It raises and probes into some very interesting questions that defy the neoclassical rational behaviour. 2009 Level: leicht Are we in control of our decisions? Dan Aerily YouTube In this interview Gerd Gigerenzer place bounded rationality into the context of a larger development in thinking about what rationality is He touches on unbounded rationality which remains overrepresented and popular in neoclassical economics he explains different interpretations of bounded rationality and concludes with an ecological interpretation of rationality He … 2011 Level: leicht Gerd Gigerenzer - Bounded Rationality Gerd Gigerenzer. Interview by GoCognitive.net GoCognitive YouTube Channel How can we get people to save more money eat healthy foods engage in healthy behaviors and make better choices in general There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion This course builds on much … Level: leicht Behavioral Economics in Action Dilip Soman University of Toronto Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. 1998 Level: leicht Foundations of Economics Yanis Varoufakis Psychology Press