Behavioral economics is an academic discipline which studies the effect that psychological factors have on our economic decision-making. The purpose of behavioral economics is to better understand decision-making and predict human behavior in certain situations. When it comes to our behavior, our decisions can be swayed by things as large as the political system in our country, or as small as the number of products we have to choose between. In short, behavioral economics predicts illogical human behavior. Under this so called "illogical behavior", humans tend to act in a manner that economists have failed to predict leading them to encounter systematic errors in their projections. Questions Under what kind of circumstances do you think most humans tend to act in an unpredictable illogical manner? Provide an example of when a decision you made, did not follow logic. As future leaders, how could we use the field of behavioral economics to our advantage