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Behavioural Economics: Common Mistakes in Daily Decisions

LSE public lecture


Why do smart people make irrational decisions every day? Why do we repeatedly make the same mistakes when we make our selections? How do our expectations influence our actual opinions and decisions? The answers, as revealed by behavioural economist Professor Dan Ariely of MIT, will surprise you.

Dan Ariely is author of Predictably Irrational: The Hidden Forces that Shape our Decisions, (HarperCollins, £14.99). He is Alfred P. Sloan Professor of Behavioral Economics at MIT where he holds a joint appointment between MIT's Program in Media Arts and Sciences and Sloan School of Management. He is the principal investigator of the Lab's eRationality group and co-director of the Lab's SIMPLICITY consortium. He is interested in issues of rationality, irrationality, decision-making, behavioral economics, and consumer welfare. Projects include examinations of online auction behaviors, personal health monitoring, the effects of different pricing mechanisms, and the development of systems to overcome day-to-day irrationality.

Ariely received a PhD in business administration from Duke University, a PhD and MA in cognitive psychology from the University of North Carolina at Chapel Hill, and a BA in psychology from Tel Aviv University.


Speaker(s):

Professor Dan Ariely | talks
Chair: Professor Lawrence Phillips | talks

 

Date and Time:

17 March 2008 at 6:30 pm

Duration:

1 hour 30 minutes

 

Venue:

Old Theatre, London School of Economics & Political Science
Houghton St
London
WC2A 2AE


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Organised by:

London School of Economics & Political Science
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Tickets:

Free

Available from:

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Additional Information:

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