BEHAVIORAL ECONOMICS
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Gitam university BEHAVIORAL ECONOMICS SOLVED PAPERS AND GUESS
Product Details: Gitam university mba BEHAVIORAL ECONOMICS SOLVED PAPERS AND GUESS
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2019-20
RATING OF BOOK: EXCELLENT
ABOUT THE BOOK
FROM THE PUBLISHER
If you find yourself getting fed up and frustrated with other Gitam university book solutions now mehta solutions brings top solutions for Gitam university mba BEHAVIORAL ECONOMICS SOLVED PAPERS AND GUESS book contains previous year solved papers plus faculty important questions and answers specially for PTU University .questions and answers are specially design specially for Gitam university students .
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BEHAVIORAL ECONOMICS
UNIT-I: Introduction to Behavioral Economics: Understanding Human Behavior - Behavioral Traits - Preferences, Actual Processes, Non-economic information, Decision Fatigue, Manipulation, Bounded Rationality –Optimal
Satisificing, Cognitive Surplus- Kahneman’s Cognitive System
UNIT-II: Economic Behavior: Heuristics for complex choices – Utility Function, Cardinal Utility, Satisficing, Directed Cognition, Choice Arbitrariness; Choice with Risk – Exponential Discounting, Learning from New
Information – Social Preferences- Social Utility and Decision Making, Bargain Impasse.
UNIT-III: Economic Anomalies: Rational Man – Consumer Choice under Certainty and Uncertainty; Prospect Theory – Reference Point, S-Curve, Loss Aversion; Perception Biases – Saliency, Framing, Anchoring, Sunk Cost Bias; Inertial Effects – Endowment Effect, Status Quo Effect, Disposition Effect; Causality – Representativeness, Conjunction Fallacy, Randomness, Small Sample Bias and Probability Neglect.
UNIT-IV: Behavioral Finance: Efficient Market Hypothesis – Value Investing – Noise Trading – Positive Economics – Equity Premium Puzzle -
UNIT-V: Advances in Behavioral Economics: Neuroeconomics –Cognitive Processes, Cognitive Mistakes; Risk-as-Feelings Hypothesis – Experimental Economics - Nudging as a tool to influence freedom of choice – Policy and Behavior
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