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Chapter 16: Decision Making: A General Model

After Chapter 16: Section 2:
16.1 Tutorial Selecting the Best Framed Decision Question 10 points
16.2 Quiz Selecting the Best Framed Decision Question Points = 20 x Percent Score
16.3 Tutorial Identifying Faulty Dilemmas 10 points
16.4 Quiz Identifying Faulty Dilemmas Points = 20 x Percent Score
16.5 Tutorial Decision under Certainty 10 points
16.6 Quiz Decision under Certainty Points = 20 x Percent Score
After Chapter 16: Section 3:
16.7 Tutorial Decision under Risk 10 points
16.8 Quiz Decision under Risk Points = 20 x Percent Score
After Chapter 16: Section 4:
16.9 Tutorial Decision under Uncertainty 10 points
16.10 Quiz Decision under Uncertainty Points = 20 x Percent Score
After Chapter 16: Section 5:
16.11 Tutorial Decision under Conflict 10 points
16.12 Quiz Decision under Conflict Points = 20 x Percent Score
16.13 Videos The Rational Choice Model

  • [video_lightbox_youtube video_id=”C6RFvROskM8&rel=0″ width=640 height=400 anchor=”Khan Academy on rational choice theory” description=”Khan Academy on rational choice theory”] [video_lightbox_youtube video_id=”C6RFvROskM8&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Khan Academy on rational choice theory”]8:00
  • [video_lightbox_youtube video_id=”dJARNLbe9NA&rel=0″ width=640 height=400 anchor=”Alanis Business Academy on rational choice model” description=”Alanis Business Academy on rational choice model”] [video_lightbox_youtube video_id=”dJARNLbe9NA&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Alanis Business Academy on rational choice model”]7:27
  • [video_lightbox_youtube video_id=”wSFC_kVb9e4&rel=0″ width=640 height=400 anchor=”Audiopedia lecture on rational choice theory” description=”Audiopedia lecture on rational choice theory”] [video_lightbox_youtube video_id=”wSFC_kVb9e4&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Audiopedia lecture on rational choice theory”]29:24
  • [video_lightbox_youtube video_id=”dCYHihd1Liw&rel=0″ width=640 height=400 anchor=”UCTV interview with Nobelist Gary Becker on applying rational choice model to social phenomena (crime, family, addiction, discrimination.)” description=”UCTV interview with Nobelist Gary Becker on applying rational choice model to social phenomena (crime, family, addiction, discrimination.)”] [video_lightbox_youtube video_id=”dCYHihd1Liw&rel=0″ width=640 height=400 auto_thumb=”1″ description=”UCTV interview with Nobelist Gary Becker on applying rational choice model to social phenomena (crime, family, addiction, discrimination.)”]58:07
  • [video_lightbox_youtube video_id=”Xw3fdOxIP6M&rel=0″ width=640 height=400 anchor=”University of Chicago celebration of the lifer and work of Gary Becker” description=”University of Chicago celebration of the lifer and work of Gary Becker”] [video_lightbox_youtube video_id=”Xw3fdOxIP6M&rel=0″ width=640 height=400 auto_thumb=”1″ description=”University of Chicago celebration of the lifer and work of Gary Becker”]1:02:35
After Chapter 16: Section 6:
16.14 Videos The Opacity of Costs and Benefits

  • [video_lightbox_youtube video_id=”G6S5c6xhXTY&rel=0″ width=640 height=400 anchor=”The Difference Between Good and Bad Economics” description=”The Difference Between Good and Bad Economics”] [video_lightbox_youtube video_id=”G6S5c6xhXTY&rel=0″ width=640 height=400 auto_thumb=”1″ description=”The Difference Between Good and Bad Economics”]9:50
  • [video_lightbox_youtube video_id=”erJEaFpS9ls&rel=0″ width=640 height=400 anchor=”The Broken Window Fallacy” description=”The Broken Window Fallacy”] [video_lightbox_youtube video_id=”erJEaFpS9ls&rel=0″ width=640 height=400 auto_thumb=”1″ description=”The Broken Window Fallacy”]3:09
  • [video_lightbox_youtube video_id=”HR2mxZX1B9w&rel=0″ width=640 height=400 anchor=”Opportunity Costs: The Parable of the Broken Window” description=”Opportunity Costs: The Parable of the Broken Window”] [video_lightbox_youtube video_id=”HR2mxZX1B9w&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Opportunity Costs: The Parable of the Broken Window”]5:05
  • [video_lightbox_youtube video_id=”UPmo2e-bAMQ&rel=0″ width=640 height=400 anchor=”John Stossel’s Broken Window Fallacy” description=”John Stossel’s Broken Window Fallacy”] [video_lightbox_youtube video_id=”UPmo2e-bAMQ&rel=0″ width=640 height=400 auto_thumb=”1″ description=”John Stossel’s Broken Window Fallacy”]2:40
After Chapter 16: Section 7:
16.15 Videos Kahneman and Behavioral Decision Theory

  • [video_lightbox_youtube video_id=”fyOA2nbjVVQ&rel=0″ width=640 height=400 anchor=”Short Yale lecture on Nobelist Kahneman’s prospect theory” description=”Short Yale lecture on Nobelist Kahneman’s prospect theory”] [video_lightbox_youtube video_id=”fyOA2nbjVVQ&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Short Yale lecture on Nobelist Kahneman’s prospect theory”]14:57
  • [video_lightbox_youtube video_id=”9aq2V87_DNw&rel=0″ width=640 height=400 anchor=”APS interview with Daniel Kahneman” description=”APS interview with Daniel Kahneman”] [video_lightbox_youtube video_id=”9aq2V87_DNw&rel=0″ width=640 height=400 auto_thumb=”1″ description=”APS interview with Daniel Kahneman”]44:42
  • [video_lightbox_youtube video_id=”VorB7X5L8ZY&rel=0″ width=640 height=400 anchor=”NPR interview with Kaneman on loss aversion” description=”NPR interview with Kaneman on loss aversion”] [video_lightbox_youtube video_id=”VorB7X5L8ZY&rel=0″ width=640 height=400 auto_thumb=”1″ description=”NPR interview with Kaneman on loss aversion”]2:36
  • [video_lightbox_youtube video_id=”di6kl4ViWgk&rel=0″ width=640 height=400 anchor=”Sakler talk by Kahneman on overconfidence and thinking we know” description=”Sakler talk by Kahneman on overconfidence and thinking we know”] [video_lightbox_youtube video_id=”di6kl4ViWgk&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Sakler talk by Kahneman on overconfidence and thinking we know”]46:50
  • [video_lightbox_youtube video_id=”42qbHeFxdzE&rel=0″ width=640 height=400 anchor=”Richard Thaler on behavioral economics (Google talk)” description=”Richard Thaler on behavioral economics (Google talk)”] [video_lightbox_youtube video_id=”42qbHeFxdzE&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Richard Thaler on behavioral economics (Google talk)”]55:38
  • [video_lightbox_youtube video_id=”chSHqogx2CI&rel=0″ width=640 height=400 anchor=”YaleCourses Nobelist Shiller on behavioral finance” description=”YaleCourses Nobelist Shiller on behavioral finance”] [video_lightbox_youtube video_id=”chSHqogx2CI&rel=0″ width=640 height=400 auto_thumb=”1″ description=”YaleCourses Nobelist Shiller on behavioral finance”]1:18:02
16.16 Videos Gigerenzer on Heuristics and Rationality

  • [video_lightbox_youtube video_id=”pEMdtKC2DUo&rel=0″ width=640 height=400 anchor=”Gigerenzer on the history of decision theory” description=”Gigerenzer on the history of decision theory”] [video_lightbox_youtube video_id=”pEMdtKC2DUo&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on the history of decision theory”]4:25
  • [video_lightbox_youtube video_id=”I9ZeBSDUaxQ&rel=0″ width=640 height=400 anchor=”Gigerenzer on when heuristics are superior” description=”Gigerenzer on when heuristics are superior”] [video_lightbox_youtube video_id=”I9ZeBSDUaxQ&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on when heuristics are superior”]6:45
  • [video_lightbox_youtube video_id=”6EjpOSZKruw&rel=0″ width=640 height=400 anchor=”Gigerenzer on the role of intuitions” description=”Gigerenzer on the role of intuitions”] [video_lightbox_youtube video_id=”6EjpOSZKruw&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on the role of intuitions”]9:09
  • [video_lightbox_youtube video_id=”msI4L-9Mjx0&rel=0″ width=640 height=400 anchor=”Gigerenzer on evolutionary theory of decision-making” description=”Gigerenzer on evolutionary theory of decision-making”] [video_lightbox_youtube video_id=”msI4L-9Mjx0&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on evolutionary theory of decision-making”]5:32
  • [video_lightbox_youtube video_id=”yI8dFWpWOZM&rel=0″ width=640 height=400 anchor=”Gigerenzer on the mind as an adaptive toolbox” description=”Gigerenzer on the mind as an adaptive toolbox”] [video_lightbox_youtube video_id=”yI8dFWpWOZM&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on the mind as an adaptive toolbox”]4:09
  • [video_lightbox_youtube video_id=”4llHkNtigR4&rel=0″ width=640 height=400 anchor=”Gigerenzer on why he got into decision theory” description=”Gigerenzer on why he got into decision theory”] [video_lightbox_youtube video_id=”4llHkNtigR4&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer on why he got into decision theory”]2:48
  • [video_lightbox_youtube video_id=”g4op2WNc1e4&rel=0″ width=640 height=400 anchor=”Gigerenzer TEDx Talk on risk literacy” description=”Gigerenzer TEDx Talk on risk literacy”] [video_lightbox_youtube video_id=”g4op2WNc1e4&rel=0″ width=640 height=400 auto_thumb=”1″ description=”Gigerenzer TEDx Talk on risk literacy”]16:13
After Chapter 16: Section 8:
16.17 Tutorial Chapter 16 Concept Review 20 points