How Behavioral Economics Influences Management Decision Making

Written By Kelly Monahan
How Behavioral Economics Influences Management Decision Making
  • Publsiher : Academic Press
  • Release : 02 August 2018
  • ISBN : 0128135689
  • Pages : 278 pages
  • Rating : 4/5 from 21 reviews
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Read or download book entitled How Behavioral Economics Influences Management Decision Making written by Kelly Monahan which was release on 02 August 2018, this book published by Academic Press. Available in PDF, EPUB and Kindle Format. Book excerpt: How Behavioral Economics Influences Management Decision-Making: A New Paradigm critically reexamines the management function in 21st century workplaces. The book seeks to examine and explain the real-world behaviors of employees and acknowledge the human nature that binds us all together and how to appeal to these characteristics in order to help organizations prosper. It explores well-observed but rarely understood features of employee cognition and irrationality, challenging the dominant discourse and offering an alternative to gain greater competitive advantage in today's complex markets. It also provides an effective new framework on the best ways to develop relevant management skills as they pertain to hiring, performance management, change management, employee engagement, and goal setting. As the knowledge economy continues to grow, the social bonds within companies will prove to be a key differentiation to deliver on the next big idea. Developing productive decisions with staff in the talent-driven global economy increasingly requires the development of "intrinsic" meaning in work, a human-centered work-place culture, and human-focused working practices. This book tackles these topics in comprehensive and efficient detail. Provides a framework to simply and effectively apply behavioral principles in organizations of any size Focuses on agent motivations and behavior and how they directly impact talent management in the knowledge economy Highlights empirical studies, detailing the impact of heuristics on hiring, performance management, change management, employee engagement, and goal-setting decisions

How Behavioral Economics Influences Management Decision Making

How Behavioral Economics Influences Management Decision Making
  • Author : Kelly Monahan
  • Publisher : Academic Press
  • Release Date : 2018-08-02
  • Total pages : 278
  • ISBN : 0128135689
GET BOOK

Summary : How Behavioral Economics Influences Management Decision-Making: A New Paradigm critically reexamines the management function in 21st century workplaces. The book seeks to examine and explain the real-world behaviors of employees and acknowledge the human nature that binds us all together and how to appeal to these characteristics in order to ...

Production Management and Business Development

Production Management and Business Development
  • Author : Bohuslava Mihalčová,Petra Szaryszová,Lenka Štofová,Michal Pružinský,Barbora Gontkovičová
  • Publisher : CRC Press
  • Release Date : 2018-12-07
  • Total pages : 258
  • ISBN : 0128135689
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Summary : Trends in economic development rely on increasing human knowledge, which stimulate the development of new, sophisticated technologies. With their utilization production is raised and the intent is to decrease natural resources consumption and protect and save our life environment as much as we can. At the same time, increasing pressure ...

Real World Decision Making An Encyclopedia of Behavioral Economics

Real World Decision Making  An Encyclopedia of Behavioral Economics
  • Author : Morris Altman
  • Publisher : ABC-CLIO
  • Release Date : 2015-06-23
  • Total pages : 499
  • ISBN : 0128135689
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Summary : The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. • Contains an informative introductory essay that familiarizes students with the various aspects of behavioral economics • Provides a list of additional ...

Proceedings of the 5th International Conference on Economic Management and Green Development

Proceedings of the 5th International Conference on Economic Management and Green Development
  • Author : Xiaolong Li
  • Publisher : Springer Nature
  • Release Date : 2022-08-18
  • Total pages : 212
  • ISBN : 0128135689
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Summary : Download or read online Proceedings of the 5th International Conference on Economic Management and Green Development written by Xiaolong Li, published by Springer Nature which was released on . Get Proceedings of the 5th International Conference on Economic Management and Green Development Books now! Available in PDF, ePub and Kindle....

Leading Performance Because It Can t Be Managed

Leading Performance    Because It Can   t Be Managed
  • Author : Larry G. Linne,Drew Yancey
  • Publisher : AuthorHouse
  • Release Date : 2022-07-28
  • Total pages : 116
  • ISBN : 0128135689
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Summary : Modern employees are tired of command and control management. Employees are looking for personal growth, purpose, and a different lifestyle than prior generations of employees. These employees are in a market where they can have flexibility in how they work and where they work. They want and can demand choices ...

Ethics Meaningfulness and Mutuality

Ethics  Meaningfulness  and Mutuality
  • Author : Ruth Yeoman
  • Publisher : Routledge
  • Release Date : 2019-11-21
  • Total pages : 258
  • ISBN : 0128135689
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Summary : There is an urgent need to understand how private and public organisations can play a role in promoting human values such as fairness, dignity, respect and care. Globalisation, technological advance and climate change are changing work, organisations and systems in ways which foster inequality, alienation and collective risk. Against this ...

Handbook of Contemporary Behavioral Economics

Handbook of Contemporary Behavioral Economics
  • Author : Morris Altman
  • Publisher : Routledge
  • Release Date : 2015-01-30
  • Total pages : 784
  • ISBN : 0128135689
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Summary : At a time when both scholars and the public demand explanations and answers to key economic problems that conventional approaches have failed to resolve, this groundbreaking handbook of original works by leading behavioral economists offers the first comprehensive articulation of behavioral economics theory. Borrowing from the findings of psychologists, sociologists, ...

Behavioral Economics and Healthy Behaviors

Behavioral Economics and Healthy Behaviors
  • Author : Yaniv Hanoch,Andrew Barnes,Thomas Rice
  • Publisher : Taylor & Francis
  • Release Date : 2017-05-18
  • Total pages : 236
  • ISBN : 0128135689
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Summary : The field of behavioural economics can tell us a great deal about cognitive bias and unconscious decision-making, challenging the orthodox economic model whereby consumers make rational and informed choices. But it is in the arena of health that it perhaps offers individuals and governments the most value. In this important ...

Coaching Applications and Effectiveness in Higher Education

Coaching Applications and Effectiveness in Higher Education
  • Author : Hunaiti, Ziad
  • Publisher : IGI Global
  • Release Date : 2021-06-25
  • Total pages : 274
  • ISBN : 0128135689
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Summary : Coaching has become such a ubiquitous concept that it can connote any professional practice for empowering people and unlocking their potential to make the most of their performance and achieve their goals. This can be accomplished by establishing collaborative relationships between the coach and coachee (the person being coached) based ...

Problems Methods and Tools in Experimental and Behavioral Economics

Problems  Methods and Tools in Experimental and Behavioral Economics
  • Author : Kesra Nermend,Małgorzata Łatuszyńska
  • Publisher : Springer
  • Release Date : 2018-09-18
  • Total pages : 342
  • ISBN : 0128135689
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Summary : These proceedings highlight research on the latest trends and methods in experimental and behavioral economics. Featuring contributions presented at the 2017 Computational Methods in Experimental Economics (CMEE) conference, which was held in Lublin, Poland, it merges findings from various domains to present deep insights into topics such as game theory, decision ...

Handbook of Human Factors and Ergonomics

Handbook of Human Factors and Ergonomics
  • Author : Gavriel Salvendy
  • Publisher : John Wiley & Sons
  • Release Date : 2012-03-13
  • Total pages : 1732
  • ISBN : 0128135689
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Summary : "This is the fourth edition of the market-leading reference for human factors and ergonomics researchers, academics, and professionals. Editor Gavriel Salvendy, a well-known and respected authority, has assembled the top thinkers and practitioners from throughout the world to update this volume. It features new coverage of voice communication, multi-modal design, ...

Applied Behavioral Economics Research and Trends

Applied Behavioral Economics Research and Trends
  • Author : Ianole, Rodica
  • Publisher : IGI Global
  • Release Date : 2016-12-12
  • Total pages : 255
  • ISBN : 0128135689
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Summary : Interdisciplinary factors in the modern business realm have significant impacts on economic agents within organizations. These behavioral influences affect multiple decision-making processes on both the individual and organizational levels. Applied Behavioral Economics Research and Trends provides a comprehensive examination of the social, psychological, and emotional factors in organizational behavior and ...

The Behavioral Foundations of Public Policy

The Behavioral Foundations of Public Policy
  • Author : Eldar Shafir
  • Publisher : Princeton University Press
  • Release Date : 2013
  • Total pages : 511
  • ISBN : 0128135689
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Summary : Includes bibliographical references and index....

Behavioral Economics for Tourism

Behavioral Economics for Tourism
  • Author : Milena S. Nikolova
  • Publisher : Academic Press
  • Release Date : 2020-09-24
  • Total pages : 278
  • ISBN : 0128135689
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Summary : Behavioral Economics for Tourism applies behavioral perspectives to business and policy challenges in the tourism industry. The book enables professionals and early career researchers to succeed by focusing on market and consumer trends, technological advancements, and the modern tourist. It covers the transformation of purchasing decisions, tourism hosting dynamics, digital ...

IAENG Transactions on Engineering Technologies

IAENG Transactions on Engineering Technologies
  • Author : Gi-Chul Yang,Sio-long Ao,Len Gelman
  • Publisher : Springer Science & Business Media
  • Release Date : 2014-07-08
  • Total pages : 779
  • ISBN : 0128135689
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Summary : This book contains fifty-eight revised and extended research articles written by prominent researchers participating in the Advances in Engineering Technologies and Physical Science conference, held in London, U.K., 4-6 July, 2012. Topics covered include Applied and Engineering Mathematics, Computational Statistics, Mechanical Engineering, Bioengineering, Internet Engineering, Wireless Networks, Knowledge Engineering, Computational ...