Examlex
DeWayne has decided to seek psychotherapy for some personal difficulties he has been having. While on the telephone with one possible clinician, he asks her to describe the kind of treatment approach she uses with clients. "I don't limit myself to a single theory or approach," the therapist answers. "Instead I operate in a(n) __________ fashion, integrating various treatment approaches based on the specific needs of each client."
Nudges
Subtle policy measures or cues that encourage people to make decisions that are in their broad self-interest without restricting their freedom of choice.
Hedonic Treadmill
The theory suggesting that people consistently return to a relatively stable level of happiness despite major positive or negative events or life changes.
Neoclassical Assumptions
The foundational premises of neoclassical economics, such as rational behavior, market equilibrium, and utility maximization.
Behavioral Economists
Specialists examining the effects of psychological, cognitive, emotional, cultural, and social components on the economic decision-making of individuals and institutions.
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