When we have to make a decision, we consider all the pros and cons, try to gather a lot of information and estimate what consequences this decision might have. And then we make an (at least somewhat) rational decision. Or do we? 2017 Level: beginner Choice blindness Petter Johansson TED Talk In this short video behavioural economist, Dan Aerily talks about how our cognitive illusions will trick us into believing something that is otherwise deemed irrational by the homo economicus. It raises and probes into some very interesting questions that defy the neoclassical rational behaviour. 2009 Level: beginner Are we in control of our decisions? Dan Aerily YouTube The authors discuss how identity affects economic outcomes by bringing together psychological and sociological perspectives and economics. For economic outcomes of a single individual, it might be interesting which kind of social groups this individual belongs to. This may influence individual daily decisions and hence economic outcomes. It can, however, not only affect individual economic outcomes but also economic outcomes of organizations, institutions and other groups. This paper describes these influences with respect to gender in the workplace, to the economics of poverty and social exclusion, and to the household division of labour. Level: advanced Economics and Identity George Akerlof, Rachel Kranton The Quarterly Journal of Economics The most successful multialternative theories of decision making assume that people consider individual aspects of a choice and proceed via a process of elimination. Amos Tversky was one of the pioneers of this field, but modern decision theorists – most notably Neil Stewart – have moved things forward. At the current stage the theories are able to explain a number of strictly ‘irrational’ but reasonable quirks of human decision making, including various heuristics and biases. Not only this, but eye movements of participants strongly imply that the decision-making process depicted in the theories is an accurate one. 2020 Level: beginner The Quirks of Human Decisions, Explained Cahal Moran Rethinking Economics This course introduces students to the relevance of gender relations in economics as a discipline and in economic processes and outcomes. 2015 Level: beginner Gender relations and Economics Alyssa Schneebaum Wirtschaftsuniversität Wien Designed for both undergraduates and MBA students taking their first course in business economics, this text focuses on introducing students to economics as a framework for understanding business. It is structured around problems that decision-makers face, such as rejuvenating the firm in the face of declining demand. 2004 Level: advanced Business Economics Peter Earl, Tim Wakeley McGraw-Hill Education Winner of the Nobel Prize in Economics

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Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans--predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth--and change the way we think about economics, ourselves, and our world. 2016 Level: advanced Misbehaving Richard H. Thaler W.W. Norton Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk. 2018 Level: advanced Uncertain Futures Beckert, Jens; Bronk, Richard Oxford University Press