Behavioural Economics Commitment Contracts

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=bRbJtvg9AzI

This short video on behavioural economics looks at the nature of commitment contracts as a way of encouraging people to follow through with behaviours that might improve their health or other aspects of their lives. • We often use commitment devices to voluntarily ‘lock ourselves’ into doing something in advance. The social nature of these commitments is often crucial. • - - - - - - - - • MORE ABOUT TUTOR2U ECONOMICS: • Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: • https://www.tutor2u.net/economics • A Level Economics Revision Flashcards: • https://www.tutor2u.net/economics/sto... • A Level Economics Example Top Grade Essays: • https://www.tutor2u.net/economics/sto...

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