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The definition of M2 includes
Behavioral Economists
Economists who study the psychological, cognitive, emotional, cultural, and social factors affecting the economic decisions of individuals and institutions.
Models
Simplified representations of complex systems or processes, used to predict outcomes or understand a concept better.
Decision Processes
The series of steps or stages involved in making a choice or selecting an alternative.
Behavioral Economists
Researchers and practitioners in the field of behavioral economics who study how the psychological and social factors affect individuals' economic decisions.
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