Behavioral Economics Training for Firms
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Behavioral Economics Training for Firms

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Direct Quote

"Sometimes we assume that we know what people think and how they feel."

Summary

This idea is to develop a training program focused on behavioral economics for companies, emphasizing the understanding of biases and decision-making processes in professional settings. The program would educate employees on concepts like status quo bias, endowment effect, and naive realism, helping them improve their interpersonal communication and recruitment strategies. By understanding these biases, professionals can better navigate workplace dynamics, enhance team collaboration, and foster a more supportive work environment. The training could be delivered through workshops, online courses, or hybrid models, and would target businesses looking to improve their workplace culture and employee satisfaction. This solution addresses a widespread challenge in organizations where miscommunication and misunderstandings often stem from psychological biases.

Categorization

Business Model
Service
Target Founder
Subject Matter Expert
Difficulty
Medium
Time to Revenue
1-3 months
Initial Investment
$1,000-$10,000

Scores

Clarity
7/10
Novelty
6/10
Feasibility
8/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on August 31, 2025 • Analyzed on August 31, 2025 12:16 AM

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2:34 PM

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