Are we in control of our decisions?

Level: beginner
Dan Aerily | YouTube, 2009
Perspective: Behavioral Economics
Topic: behavior
Format: Short Presentation
Duration: 00:17:26
Link: https://www.youtube.com/watch?v=9X68dm92HVI

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. Why do two otherwise similar countries behave differently in terms of organ donation? Is it the culture or norm, or something else? In a set of two alternative choices, does the addition of a third inferior choice "nudge" us towards a specific alternative?

Comment from our editors:

It is a very interesting and relevant material that points us the complexities of the human brain and the illusions it creates. These illusions may turn out to be crucial in determining our decisions based on choices and thus provides the very base of behavioural economics.


Tags

Faire un don

Ce projet est supervisé par des membres du réseau international pour une science économique pluraliste, dans la sphère germanophone (Netzwerk Plurale Ökonomik e.V.) et dans la sphère francophone (Rethinking Economics Switzerland / Rethinking Economics Belgium / PEPS-Économie France). Nous sommes fortement attachés à notre indépendance et à notre diversité et sommes donc dépendants de donations de personnes telles que vous. Des dons réguliers ou ponctuels sont les bienvenus !