BEHAVIORAL ECONOMICS STUDY
Grow Your Business
The Behavioral Economics Company’s team of researchers uses scientific theory, best practices and tested research and procedural design methods to gather data and present actionable insights to boards, executives and stakeholders.
Our methodology begins with thoughtful interviews and a dissection of our Clients motivations, needs and goals so that we can help to facilitate the furthering of those objectives.
This involves developing research questions, creating a research design, development and implementation of the procedural design, data collection and analysis, and recommendation reports.
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DETERMINING THE RESEARCH QUESTION
The first step in any research is to determine the appropriate research question. Research questions are typically created after observing an association or when a client needs to know specific information in order to complete a strategic plan, launch a new product or initiative, or to improve their current service offerings.
Research questions must be specific. The Behavioral Economics Company is often engaged because Clients realize that they need information but are unsure what they need to know or how to craft a research question that would allow them to find the answers.
BE Company researchers work carefully with clients to pinpoint the exact information they require and why they require it. We then work with clients to uncover any observations that may lend themselves to the creation of a research question, or several research questions. This question is then utilized to create the framework (research design) and the procedures (processes) for obtaining the data necessary to deliver actionable insights.
BEHAVIORAL ECONOMICS CO. SERVICES
Backed by a team of experienced professionals, our strategic services meet the needs of all types and sizes of clients - from small startups to large firms - and deliver lasting changes with measurable growth. Please get in touch with us today to learn how Behavioral Economics Co. can help your future success.
RESEARCHING BEST PRACTICES
The Behavioral Economics Company conducts studies using research designs based in scientific theory and best practices and may recommend a correlational, experimental, longitudinal or cross-sectional research design
Data is only as good as the procedures used to obtain it. Without the correct procedures and controls in place, the data can be flawed from the outset, leading to ill-informed and poor decision-making by leaders and stakeholders. To prevent this occurrence, the BE Company uses rigorous scientific procedures for data collection and analysis.
DATA ANALYSIS AND RECOMMENDATIONS
Data analysis and actionable recommendations are presented to clients as part of the typical BE Company engagement process. Data is analyzed using scientific best practices and will be presented in formats that are easy to read and understand.
These are ideal when seeking information about what is happening within one organization, one person, one school, etc. Case studies are specific to one entity at a time and can be used to identify what change is occurring, what is being experienced, and to gather data on specific product usage.