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Purpose: This assignment will help you to apply behavioral economics concepts to decisions relating to leading a sports team to victory. You will continue to
Purpose: This assignment will help you to apply behavioral economics concepts to decisions relating to leading a sports team to victory. You will continue to develop those critical thinking and communication skills that employers value highly. Task: 1. Review your notes, readings, discussions, and mini-lectures in this module. Let's see how we can apply behavioral economics concepts to real-life decision-making! 2. Join us 03/26 6 PM at bit.ly/BrettTeams to watch Moneyball. Alternatively, watch the movie with your study group, with a friend, or on your own. You need not watch the whole movie to the assignment. 3. As you watch the film, look for instances of the key behavioral economics concepts and table: BUS 220 Module 09 Assignment Student.docx
Behavioral Define the How the Economics Concept in Your Concept Applies Concept Own Words in the Movie ( Specific Example) Bounded rationality Prospect theory System 1 vs System 2 thinking Biases Heuristics Noise Behavioral challenges GroupthinkStep by Step Solution
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