This lecture gives an introduction into Behavioral Economics. In 2002 Daniel Kahneman was awarded a Nobel Prize for studies in this area. Behavioral Economiсs describes decision making principles and explains why they are rarely rational - such knowledge will help students in deeper understanding of economic processes and also provide insights into their own decision making and its flaws.
FinTech and decision making: why economic agents do not make rational decisions
Maxim Korotkov, graduate of Computer Technologies Department of IFMO and MBA from Vlerick Leuven Ghent School of Management - now Payment Practice Manager at FIS (NYSE:FIS), Belgium; former Delivery Group Manager at OpenWay Group; more than 10 year of FinTech experience.