Examlex
Financial analysis provides an accurate way to assess the relative strengths of firms and can be used as a complete guide to study companies.
Behavioral Economics
A field of economics that analyzes how psychological, cognitive, emotional, cultural, and social factors affect economic decisions.
Nudge
A concept in behavioral economics suggesting a way to influence people's behavior and decision making subtly without limiting their choices.
Hedonic Treadmill
A theory suggesting that people continually seek higher levels of wealth, status, or possessions but do not achieve lasting increases in happiness.
Prospect Theory
A theory in behavioral economics that explores how individuals make decisions between options involving risk with uncertain outcome probabilities.
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