Behavioral Economics for Workforce Professionals

Dec 01, 2017 | by
  • Description

This report outlines six key insights of behavioral economics and applies them to situations of workforce development and business leaders working together. Specifically, the report outlines four biases—in-group/out-group bias, status quo bias, fundamental attribution error, and the focusing effect—that might affect an employers' decisions and suggests solutions based on behavioral economics.

This report is a perfect for anyone interested in how decisions are made and what cognitive biases influence our choices.