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Human Decision-Making: Insights from Behavioral Economics

ID : 1534   
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CourseGraphic This course explores the flaws in human decision-making through the groundbreaking work of Daniel Kahneman, Amos Tversky, and Richard Thaler. Kahneman and Tversky, whose work began decades ago, identified biases like "availability bias," where we judge importance based on what’s most visible, and showed how humans often fail to avoid statistical errors in reasoning. Their insights reshaped economics by challenging the rational "economic actor" model, though their work has faced criticism for implicit elitism. No technical background is needed—just curiosity about how these ideas impact our lives and the policies around us.
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Class Details

2 Session(s)
Weekly - Mon

Location
OLLI

Instructor
Peter Nightingale 

 

Notice

Please read:  Assignment: Read Kahneman's autobiographical essay at least through the section "The military experience."
  • Suggested reading: Daniel Kahneman: Thinking Fast and Slow (Farrar, Straus and Giroux, 2011). Richard H. Thaler and Cass R. Sunstein: Nudg (Yale University Press, 2021).

    • Tuition: 

    $35.00

    Registration Closes On
    Sunday, June 1, 2025 @ 12:00 AM

    Schedule Information

    Date(s) Class Days Times Location Instructor(s) Instructional Method
    6/2/2025 - 6/9/2025 Weekly - Mon 09:30 AM - 11:00 AM Kingston, OLLI  Map Peter Nightingale  ClassRoom

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