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In the H- R diagram, what are the two most important types of data plotted?
Monthly Credit Card Statements
Periodic summaries sent by credit card companies to cardholders, listing purchases, payments, and other transactions for the month.
Behavioral Economics
Behavioral economics studies how psychological, cognitive, emotional, cultural, and social factors affect the economic decisions of individuals and institutions and the consequences for market prices, returns, and resource allocation.
Availability Heuristic
An intellectual quick-step that employs readily recalled instances when contemplating a certain topic, notion, strategy, or judgment.
Endowment Effect
The phenomenon in which individuals value an owned object higher than its market value simply because they own it.
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