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Behavioral Economics: The focus on emotions, culture and cognitive process in economic decision making.
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Imagine a neighborhood client who has been coming to the same coffee shop for almost 40 years! Numerous coffee shops may have emerged in the same neighborhood over the years. Nevertheless, customers remain loyal to this one shop. What is this behavior motivated by?
This behavior is referred to as Anchoring in Behavioral Economics, this consumer behavior finds its roots in BE.
This behavior relates to the process of influencing a person’s actions by associating with their emotions. The atmosphere, staff, and coffee quality at this shop leave a lasting impression on customers. Over time, this experience evolves into favorable decision based action and repeat visits.
Even if other shops nearby serve the same coffee for the same price, customers frequently stick with one shop.
“Dreams simply never sleep — and they are hard to control. In multiple meanings of the word: The one who learns to control his or her dreams will be able to control his or her reality.” Tomas Sedlacek
Behavioral Economics as an economic theory gives insights into how and why consumers and businesses make the economic decisions they do. From Prospect theory to Herbert Simon’s bounded rationality, from social norms to present bias. This economic model offers tools and concepts to understand and predict future consumer trends.
Economics is essentially about decision making. Decisions are connected to our minds and global trends so in order to understand the complexities and respond to them multiple disciplines from Data Analytics to sociology inform Behavioral Economics.
Study combines multiple disciplines, including psychology, social & cultural studies, and future trends, brands s. It aims to examine consumer and organizational behaviors in addition to removing cognitive biases. .
Behavioral Economics speakers can contribute significantly to a business’ understanding of its consumers. Understanding the factors that influence consumer rational choices and their mental accounting is crucial for businesses to cater to specific interests.
After-dinner speeches are one of the best ways to introduce this popular branch of economics to new audiences. Choosing an after-dinner speaker specializing in consumers’ economics behavior serves as an engaging and inspiring session.
These speakers share real-industry stories of the impact of behavioral economics on businesses and consumers. They provide insights to the choice architecture of the consumers. Apart from being amusing and interesting, these anecdotes serve as thought-provoking snippets that can guide audience’ personal and professional lives.
Will Higham is a Behavioral Futurist and trends analyst who advises companies at to their next best move when it comes to understanding and delivering for customers.
Will’s keynote topics are as below.
Author of the ground breaking Economics of Good and Evil, Tomas Sedlacek’s topics give a flavor of the thinking behind his theories and prompt audiences to really think about human civilization in multiple contexts.
Dr Behice Ece Ilhan is a brilliant observer and analyst for global socio economic and digital trends.
Some of Dr Ilhan’s topics are as outlined below.
Professor Ozgur Demirtas is Chair Professor of Finance at Sabanci University.
Daphne Costa Lopes is Head of Customer Success, UKI at Hubspot.
Behavioral Economics can also be applied to make us stick to good habits?
The role of BE is deeper than you may imagine. Simple scientific discoveries can have profound effects on our daily lives. BE can transform organizational approach to sales and marketing, among others.
Simply put, this science deals with action patterns that drive economic decisions of individuals or businesses. An insight into these actions can help us transform our actions and shape our future.
The expertise of a speaker helps audiences understand this science and its applications better. As speakers, these individuals possess the unique talent of conveying complicated concepts in a simple and engaging manner.
Expert speakers captivate audiences with simple real-life stories related to the concept. Audiences get keener to explore the various facets of Behavioral Science for individual and organizational betterment.
Who doesn't like a concept that promises to improve people's lives?
Still not sure? Here are more reasons why after-dinner Behavioral Economics Keynote speakers can be a crucial part of your business improvement strategy.
Compared to conventional engagement methods such as computer presentations or cliched speeches, after-dinner speakers offer more fascinating ways to engage.
These experts rely on their wit and knowledge to deliver inspiring stories. They are less formal in their speeches, which makes the ambience and the communication more attractive and captivating.
Highly experienced behavioral economics speakers take a light-hearted approach to delivering their speeches. These are not hard-core formal speeches, but witty communication that passes on crucial messages for personal and organizational development.
Speakers present compelling real-world instances from Behavioral Science to provide new insights that you might not have known before. Sometimes, these insights can unfold a new solution for existing business problems.
From improving employee productivity to designing loyalty-building customer experiences, seasoned speakers entertain you with powerful messages in humorous packages.
Business Economics is a core business discipline with powerful benefits. Whether you are feeling stuck at work or looking for personal inspiration, we can help. Speaker Agency Behavioral Economics Speakers, trend analyst and Behavioral Futurists can help you understand and respond to your target audience.
Top Behavioral Economics experts can demonstrate the value of using this science for business and personal growth. You can explore ways to employ the science for different business functions, including:
A range of other interesting topics is available in Behavioral Economics, for speakers to address and audiences to explore. Some popular themes that continue to sway audiences include:
At Speaker Agency, our speakers come with expertise and a unique style essential to carry the message across a room.
Our speakers come with relevant educational abilities and extensive on-field experience to talk to you about Behavioral Economics.
Professors, corporate strategists, thought leaders, influencers, and researchers observe science in action daily.
These experts are eager to share their knowledge with a wider audience in an engrossing manner.
We choose speakers based on audience personalities. We can accommodate audiences of all types, whether they're conservative or enjoy a bit of humor.
Apart from domain expertise, our speakers come with the ability to hold an audience captive with their speech.
What objectives do you have for your after-dinner speech?
Our speakers can help you achieve the above goals and more, with their real-life experiences and domain expertise.
With our speakers at the helm, you can expect a positive ambience and a cheery audience that wants more. Our speakers motivate audiences to start new conversations about Behavioral Economics.
Your audience would want to stay after dinner and discuss their discoveries and the potential of BE in their daily lives. With their newfound knowledge, they will more likely be inspired to explore the concept in their daily lives.
You will get the credit for your achievement whether your audience wants to learn or use BE for their own improvement. They will thank you for the event and carry the gratitude forever in their hearts.
To book a speaker through our agency, get in touch with us:
At Speaker Agency, we understand that we are in the job to build your business. Our speakers work toward this goal every time. We bring professionals in the field that know the subject and are capable of striking a chord with your audience.
As your partners, we can help you deliver an impactful after-dinner speech.
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