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What is the link between behavioral economics and formal game theory?
Acculturated
The process in which an individual or group adopts the cultural traits or social patterns of another group.
Consumption Patterns
Consumption patterns refer to the habitual behavior of consumers in purchasing and using goods and services, which can be influenced by factors such as income, preferences, and socio-cultural values.
Values
Core beliefs or standards that guide behavior and decision-making.
Gadgets
Small, innovative, or convenient mechanical or electronic devices, typically designed to perform a particular task or function.
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