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Behavioral Economics

Scholar (Ages 13-18)

Mental Accounting and Sunk Costs

People mentally separate money into different "accounts" that they treat differently, even when economically the money is the same. Sunk costs trap us into bad decisions.

20 min

+20 XP

Lab vs Field Experiments

Discover Lab vs Field Experiments as a core part of Behavioral Economics. This lesson explains what it means, walks through a real example, introduces key terms, and includes three hands-on activities to help you understand and apply the idea.

20 min

+20 XP

Behavioral Public Policy

Discover Behavioral Public Policy as a core part of Behavioral Economics. This lesson explains what it means, walks through a real example, introduces key terms, and includes three hands-on activities to help you understand and apply the idea.

20 min

+20 XP

Randomized Controlled Trials

Discover Randomized Controlled Trials as a core part of Behavioral Economics. This lesson explains what it means, walks through a real example, introduces key terms, and includes three hands-on activities to help you understand and apply the idea.

20 min

+21 XP

Prospect Theory Deep Dive

Discover Prospect Theory Deep Dive as a core part of Behavioral Economics. This lesson explains what it means, walks through a real example, introduces key terms, and includes three hands-on activities to help you understand and apply the idea.

20 min

+21 XP

Sludge and Dark Patterns

Discover Sludge and Dark Patterns as a core part of Behavioral Economics. This lesson explains what it means, walks through a real example, introduces key terms, and includes three hands-on activities to help you understand and apply the idea.

20 min

+21 XP