Smith Business Close-Up: Behavioral Economics for Businesses
Thursday, November 29, 2012, 7:30 p.m.; Sunday, December 2,
2012, 7:30 a.m.
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Behavioral Economics for Businesses |
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Many startups base their businesses on changing their customers’ behavior –
which can be a challenge. But it doesn’t have to be so hard. The trick is
understanding how customers make decisions and how to influence those decisions.
In this edition of Smith Business Close-Up, the Smith School’s
Rebecca Ratner talks about her experience working with entrepreneurs at
Silicon Valley’s behavioral economics summit for startups,
StartupOnomics, and the takeaways other businesses can use.
Ratner is an associate professor of Marketing. She is an expert in
consumer psychology. Her research explores factors underlying suboptimal
consumer decision making and focus on variety seeking, affective
forecasting, and the influence of social norms. Her research has
appeared in leading marketing, psychology, and decision-making journals,
and she teaches courses on marketing management, marketing research, and
consumer behavior.
Smith Business Close-Up is co-produced by the Robert H. Smith School
of Business and Maryland Public Television. The television segment focuses on
the latest thinking in business management, and features in-depth interviews
with Smith School faculty and other members of the school’s community of
business leaders.
Where to Watch
Smith Business Close-Up can be seen bi-weekly on Maryland
Public Television's Your Business and Money. The program airs at 7:30
p.m. on Thursdays and is repeated the following Sunday at 7:30 a.m. on public television
stations throughout Maryland and the Washington, D.C., metropolitan region, including:
- WMPB-TV (Ch. 67), Baltimore
- WMPT-TV (Ch. 22), DC metro/Annapolis
- WCPB-TV (Ch. 28), Salisbury
- WFPT-TV (Ch. 62), Frederick
- WWPB-TV (Ch. 31), Hagerstown
- WGPT-TV (Ch. 36), Oakland
