Overview
What you will study
In the Behavioral Decision Making course offered by Harvard University , we will use the frameworks of choice architecture to examine the decision-making process. We’ll study the various ways choices are framed—and how this framing can influence decisions. The topics explored will help you become a better decision maker in your professional life and beyond.
Program Benefits
- Explore the fast-growing fields of behavioral economics, behavioral insights, and behavioral decision making––and why they matter
- Learn how to identify cognitive biases and structure your environment to eliminate destructive bias
- Discover the psychological factors that drive economic decisions and how they impact your business and bottom line
- Improve your ability to forecast the outcomes of decisions
- Understand how to leverage the power of “nudges” and behavioral interventions
- Understand how heuristics and biases can affect the decisions you make everyday
Programme Structure
The program focuses on:
- Judgment
- Human biases that affect judgment
- Conscious and unconscious choice-drivers
- The effect of emotion on judgment
- Judgmental errors that plague all organizations
- Ways to “de-bias” judgment
- Decision Making
- Understanding of choice architecture
- Exploration of the origins of behavioral decision making
- Perception of risk, its impact on choices, and how to better communicate it
- Decision making under uncertainty and what an ideal decision looks like
- Choice Architecture in Business
- How businesses and governments are using behavioral economics to design decision making
- The promises and pitfalls of forecasting
- Experimentation and data to optimize performance
- How to become an effective decision architect by redesigning the decision-making context
Key information
Duration
- Full-time
- 2 days
Start dates & application deadlines
Language
Delivered
Campus Location
- Cambridge, United States
Disciplines
Business Administration View 225 other Short Courses in Business Administration in United StatesWhat students do after studying Business & Management
This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- This program is applicable to anyone in general management who wants to improve decision making at their organization and positively affect the bottom line.
Tuition Fees
Living costs
Cambridge
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.