Can Behavioral Economics Teach Us Anything Useful About Work, Management, Retirement Investing, Or Life?

Ira Goldberg
Seminar

The goal of this talk is to introduce a few concepts from behavioral economics and look at them them in terms of situations we face every day. This field has blossomed, and boasts well-known researchers and authors like Nobel Laureate Daniel Kahneman (Thinking Fast and Slow), and Chicago Booth’s own Richard Thaler (Nudge). In the approximately forty minute presentation, the group will learn some ways of thinking about our decision-making processes, and consider whether ideas from behavioral economics might provide any insights we can use. For example, can behavioral economics tell us anything about making better investment decisions for retirement, avoiding common pitfalls in planning future projects, or even performance ratings? The talk will conclude with up to twenty minutes of Q&A.