I/O, HR and BE, Oh My!

The new kid on our “alphabet block” (see: title of this article) is Behavioral Economics (“BE”).  Unlike classical economics, which focuses on how people ought to behave (when driven by rational self-interest), BE focuses on how people actually behave, especially when that behavior doesn’t make sense. As a result, BE is often considered the science of irrationality, and its practice is heavily focused on human decision-making.

Read I/O, HR and BE – 6 Letters to Account for the Fact that People Are Basically Impossible on HR Technologist.

About the Author

Ben Butina, Ph.D.
Dr. Butina, who hosts the Department 12 Podcast, is an industrial-organizational psychologist with interests in training, leadership development, talent management, and positive psychology in the workplace.

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