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Consider how research ideas are formulated based on information provided in your text. Discuss four different potential approaches to generating a research idea in the social or health sciences. Pick one approach, and detail how you may use the approach to generate a research idea. Include a research question, at least one hypothesis, and discuss the use of either inductive or deductive logic to formulate this research idea.
Behavioral Economists
Specialists examining the effects of psychological, cognitive, emotional, cultural, and social components on the economic decision-making of individuals and institutions.
Nudges
Subtle policy shifts or design changes that steer people's behavior in predictable ways without forbidding any options or significantly changing economic incentives.
Prospect Theory
A behavioral economic theory that suggests individuals value gains and losses differently, leading to decisions that can deviate from traditional economic predictions which assume rational behavior.
Behavioral Economics
A field of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect the economic decisions of individuals and institutions.
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