Choose one tendency from the Human vs.

Choose one tendency from the Human vs. Economists lecture and one from You vs Others (explained below). Consider how the two tendencies interact to either make people stuck (why people don’t change) and/or situations stuck (e.g., why conflict escalates). Explain the tendencies, their interaction, and the challenge.

using tendencies from behavioral science theory are:

use reference point,

Fundamental attribution error (correspondence bias): tendency to overestimate internal causes (i.e, person) of other’s behavior while ignoring external causes (i.e., situation)

Actor-observer effect: tendency to attribute own behavior to external causes, but others to internal

Self-serving bias: tendency to take credit for success and blame failures on the situation.

use one tendency from the above and link it to

prospect theory , endowment effect and attribution theory

only one page, single-spaced, 12-point font.