Examlex
Click the Object button in the Links group to open the Object dialog box.
Utility
The want-satisfying power of a good or service; the satisfaction or pleasure a consumer obtains from the consumption of a good or service (or from the consumption of a collection of goods and services).
Behavioral Economics
A field of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions.
Limited Knowledge
The state of having restricted information or understanding about a subject or situation, emphasizing incomplete or finite expertise.
Behavioral Economists
Behavioral economists study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical economics.
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