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Behavioral Economics
A field of economics that studies how psychological, emotional, cognitive, and social factors affect economic decisions.
Stock Shares
Units of ownership interest in a corporation or financial asset, representing a portion of the company's equity.
Endowment Effect
Refers to the phenomenon where people ascribe more value to things merely because they own them.
Ultimatum Game
A game in experimental economics where two players decide on how to divide a sum of money; one proposes the split, and the other can accept or reject it.
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