The theories of behavioral economics inform how businesses, and individuals, can try to avoid the irrational responses that mislead even the best among us.
When you envision a group of business people making a tough decision, you may think of folks in suits rationally dissecting market data or financial statements. But what if they are not always so rational? This week we take a deep dive into the world of behavioral economics to learn about the mechanisms that impact all our choices and how the best practitioners try to avoid common decision-making mistakes.
For more, visit www.morganstanley.com/ideas/morgan-stanley-ideas-podcast
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