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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Business Strategy edition 5

Business Strategy edition 5

Paperback

Investing & FinanceGeneral Education

ISBN13: 9798886298086
Publisher: Notion Press Media Pvt Ltd
Published: Mar 17 2022
Pages: 152
Weight: 0.63
Height: 0.33 Width: 8.50 Depth: 8.50
Language: English
Lok argues that behavioral economics provides more realistic psychological foundations for understanding why consumer behaviors and the economy are closely related [2] [4]. He explores how psychological factors influence economic decision-making, which is critical for understanding consumer behavior and market dynamics [5]. This interdisciplinary approach allows for a deeper understanding of how individuals make consumption decisions [2] [4].His books delve into: The development and measurement of behavioral economics: My view explains the historical progression of the behavioral economic field and the methods used to measure it .Categories of behavioral economics: My view outlines the main categories, including risky and uncertain outcomes of individual behavior economic theories, and behavioral game theory .Influence on policy and decision-making: My view explains how policymakers and decision-makers can apply behavioral economic concepts to inform their policy choices . My view also emphasizes the close relationship between behavioral economics and psychology in influencing consumption decisions .

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Investing & Finance