Examlex
The visual framework oa preparation outline shows the relationships among the speaker's ideas.
Prospect Theory
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are uncertain.
Retirement Fund
A financial arrangement designed to replace employment income upon retirement, often made up of savings or investments accumulated during an individual's working life.
Base Salary
The initial rate of compensation that an employee receives in exchange for services, excluding extra payments like bonuses or commissions.
Behavioral Economics
A field of economic research that examines psychological, cognitive, emotional, cultural, and social factors on economic decisions.
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