How We Make Decisions
Morris Altman will introduce you to behavioural economics, a cutting edge approach to understanding how we make decisions.
Understand conscious and unconscious choice drivers. How and why choices are made and how these choices can be influenced and changed.
Professor Morris Altman
Observing and analysing ordinary human life from multiple angles, Professor Morris Altman is seeking to help explain and predict economic decision-making in the 21st century.
Though chiefly concerned with the ‘what is’ in the world of economics, Professor Morris Altman is also adept at considering the possibilities – ‘what could be’ and ‘what ought to be.’
The celebrated academic explores aspects of both in his research, scrutinising and subsuming socio-economic phenomena.
Behavioural Economics takes us well beyond an overly simplistic understanding of decision-making and introduces important non-economic considerations into the standard economic approach, to better understand how and why choices are made and how these choices can be influenced and changed for better or for worse.
For the simple rational model to work we need to make all sorts of extreme assumptions about the decision-maker. We may assume a character who is even less emotional and less socially adept than Star Trek alien character ‘Mr. Spock’ or possibly a super calculating machine with perfect information on everything that’s important to the decisions being made. These assumptions, all too often, result in an impoverished understanding of the decision-making process.
This workshop introduces you to behavioural economics, a much more sophisticated, nuanced, and realistic approach to understanding how we make decisions. You will gain an understanding of why monetary factors, are only part of the decision-making process, and why psychological factors and even social factor are as important and often more significant determinants of choice behavior.
You will also be introduced to ways by which individual choices can be altered by exploring a deeper understanding of how these choices are actually made. It’s very much about how information is framed and a person’s ability to understand and process the decision options available. Equally significant are the availability of quality information and advice, the background of decision-makers, and the community within which a person is situated and connected.
At the end of this training workshop, you will be able to:
- Understand the basics of behavioural economics
- Be familiar with how behavioural economics informs decision-making
- Capitalize on your knowledge of behavioural economics to improve decision-making
- Identify how the framing of choice options impact on the choices we make
- Appreciate of how gender, culture, and community influence our choices
- Learn how the human brain impacts on our choices
- Identify critical factors that can improve lifestyle choices
- Discover some critical pathways to happiness
- Undercover how decisions can be influenced by nudging, framing, new and improved information, and community
DAY ONE PROGRAM
|Time||Day One Topics|
|08:00am – 09:00am||Day One sign-in|
|09:00am – 10:30am||Behavioural economics and how it relates everyday decision-making? Are human’s smart decision-makers?|
|10:30am – 11:00am||Morning Break|
|11:00am – 12:30pm||Nudging, framing, and decision-making.|
|12:30pm – 1:30pm||Lunch|
|1:30pm – 3:00pm||Gendered decision-making|
|3:00pm – 3:30pm||Afternoon Break|
|3:30pm—4:30pm||Decisions that can make you happy|
|4:30pm||Day One Close|
DAY TWO PROGRAM
|Time||Day Two Topics|
|08:00am – 09:00am||Day Two sign-in|
|9:00am – 10:30am||Mental models and decision-making capabilities|
|10:30 – 11:00am||Morning Break|
|11:00am – 12:30pm||Neuroplasticity, altruism & fairness and human behaviour.|
|12:30pm – 1:30pm||Lunch|
|1:30pm – 3:00pm||Emotions, intuitions, and counselling in decision-making.|
|3:00pm – 3:30pm||Afternoon Break|
|3:30pm—4:30pm||Behavioural protocols for healthy living.|
|4:30pm||Day Two Close|
Morris Altman's Biography
Morris Altman is currently Professor of Behavioral and Institutional Economics at the University of Newcastle as well as Dean and Head of the Newcastle Business School and Professor Emeritus at the University of Saskatchewan, Canada.
He earned his PhD in economics from McGill University, Canada, in 1984. A former visiting scholar at Cambridge, Canterbury (N.Z.) Cornell, Duke, Hebrew, Stirling, and Stanford University. Morris has served has journal editor of many leading economic journals and as President of leading economic organizations.
Morris has published in excess of 100 peer reviewed papers and given a multitude academic and professional presentation.
Morris has also published a number of books including Real-World Decision Making: An Encyclopedia of Behavioral Economics, Handbook of Behavioral Economics and Smart Decision-Making, Rational Decision-Making within the Bounds of Reason and Handbook of Contemporary Behavioral Economics and more recently Behavioral Economics for Dummies.
Morris is currently Dean and Head of the Newcastle Business School and is Professor of Behavioral and Institutional Economics at the University of Newcastle, Australia.
WHERE IS THE TRAINING BEING HELD?
To be announced.
Do I get a Certificate of Attendance? What about CPD hours/points?
Byron Clinic Pty Ltd provides a Certificate of Attendance to each workshop attendee. Certificates will be completed using the given name at the point of initial online registration and payment. These will be distributed as a hard copy to participants prior to the conclusion of the workshop. It is the attendee’s responsibility to ensure that they have their Certificate of Attendance at the time of distribution.
This workshop should accrue a maximum of 11 hours of learning. Certificates of attendance at this Professional Development activity will be distributed at the workshop. For CPD points for specific organisations, please see: APS, AASW, RANZCP, ANZCMHN.
Please ensure that you have received your certificate prior to the end of the workshop. Requests for duplicate certificates after this period will incur an administration fee.
What are the training terms & conditions?
Please list one person per each registration form. Workshop places are limited and will be booked on a first come first served basis. A person is not registered for this workshop until the completed registration is received and workshop payment has been processed.
Applications will be processed according to the advertised cost & conditions. Tax receipts will be made out to the applicant unless otherwise stated. The applicant is responsible for supplying clear and correct information; any changes or additional contact by Byron Clinic Pty Ltd may incur an administration fee.
All payments to Byron Clinic Pty Ltd are to be processed via our online facility, unless otherwise stated. We do not offer offline credit card processing.
A tax receipt and confirmation of your registration will be issued via email to your nominated email address within 7 days of receipt of payment. You agree to contact Byron Clinic Pty Ltd if you have not received notice or a receipt within 7 days of payment. Requests for copies of tax invoices/receipts after this 7 day period will incur an administration fee.
Byron Clinic Pty Ltd provides a Certificate of Attendance for each workshop. These are distributed as a hard copy to participants at the workshop. Requests for copies of a Certificate of Attendance after the workshop has finished will incur an administration fee.
In the event that Byron Clinic Pty Ltd provides refreshments they will include a selection of vegetarian and gluten free food. Byron Clinic Pty Ltd does not cater for any other special diet requirements.
Byron Clinic Pty Ltd also reserves the right to make any changes to any events, treatments, programs or workshops without notice.
Byron Clinic training workshops are directed at interested mental health professionals. Workshop content information is available on our website.
There are generally no prerequisites to attending Byron Clinic workshops. You are welcome to attend, however you attend under your own volition. Byron Clinic takes no responsibility as to the suitability of any workshop.
Cancellations must be made in writing. We recognize that unforeseen circumstances may arise; however Byron Clinic Pty Ltd will not accept responsibility for these.
In the event of cancellation prior to the close of standard registration, Byron Clinic Pty Ltd will refund all workshop payments made less a $AUD99.00 (inc gst) cancellation and admin fee. Absolutely no refunds will be made for cancellations after close of standard registration.
Prior to the close of the standard registration period, a substitute may attend in your place. Please notify us as soon as possible if you are transferring your registration — please note that a transfer of registration will incur a $AUD66 (inc gst) administration processing fee. This also includes transferring from one workshop venue to another.
In the event Byron Clinic Pty Ltd needs to cancel the workshop, then a full refund will be made of any workshop payments made, excluding the processing and administration fees. Byron Clinic Pty Ltd will not be responsible for any cost other than the workshop payment.
Following the close of the standard registration period for a workshop, we are unable to transfer registration.
Any additional administration on payments or workshop matters including change of details, additional contact, requests for additional copies or changes to the attendance certificate or tax invoice will incur a $AUD99 (inc gst) administration fee per item.
Byron Clinic Pty Ltd reserves the right to make any changes to the above workshop without notice.
Byron Clinic Pty Ltd reserves the right, at its sole discretion, to decline entry to any of our workshops to anyone who may have registered, and/or to discontinue attendance to anyone who may have registered. A full refund less a $AUD99 (inc gst) cancellation fee will be remitted to the refused registrant.
I’ve booked but never received my receipt by email.
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Why can’t I use another payment method?
Byron Clinic’s entire accounting and workshop processing is based on payment by credit card. This has consistently proven to be the most popular, efficient and cost-effective means of handling online payments, registrations and workshop administration.
What is the Administration & Processing Fee?
The Byron Clinic Administration & Processing Fee is based on the fees paid to the banks and credit card providers and on Byron Clinic’s administrative and payment processing costs.
Does Byron Clinic offer Group or Student Discounts?
No, the only discounts available are our time-based booking windows: ‘keen’, ‘early’, ‘standard’ etc. The earlier you book, the lower the registration fee.
Any Further Questions?
Please contact us via our contact form here, selecting the “Workshop” => “Morris Altman 2017” option and we’ll get back to you as soon as possible.
Real-World Decision Making: An Encyclopedia of Behavioral Economics
Traditional economic theories speculate how and when people should spend money. But consumers don’t always behave as expected and often adopt strategies that might appear unorthodox yet are, at times, more effective than the rule prescribed by conventional wisdom. This groundbreaking text examines the ways in which people make financial decisions, whether it is because they are smart but atypical in their choices or just irrational decision makers.
A leading authority on behavioral economics, author Morris Altman delves into key concepts in economic psychology, behavioral finance, neuroeconomics, and institutional economics to help inform economic models based on reality, not theory.Edited by Morris Altman