Archives

Bad decisions habits research won Nobel Prize in economics

We welcome the fact that Bad decisions habits research won Nobel Prize in economics. We are going to expose why we are so enthusiastic about the research by Prof. Thaler of the University of Chicago. We will discuss why this research is useful in explaining the difficulties some organizations have in supporting risk-management programs. In the past we have already cited behavioral economics, for example the work by Kahneman and Tversky to show how human judgment is often clouded by…

Read More

Archive

Hosted and powered by WR London.