Cross-listed with ECON298B and PHPE308U. Credit only granted for ISRL249O, ECON298B, or PHPE308U.
Between geopolitical strife and growing social divides, understanding what drives people's beliefs and behavior is more imperative than ever. In this interdisciplinary course, we will discuss and explore what Behavioral Economics can teach us about the psychological forces that shape and distort our thoughts, feelings, and behavior. We will learn about the psychological biases and illusions behind stories people tell about the world we live in, as well as how our environment unconsciously influences and guides our behavior. The course will also address the cultural and intellectual roots of Behavioral Economics. We will explore how cultural differences affect society, policy, and business. We will see how the ideas apply to narratives of modern Israel as well as the means of influencing behavior and thinking.