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Behavioral Economist
An economist who studies the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Individual Decision Making
The process by which an individual selects among alternative choices based on preferences, resources, and information.
Costly Temptations
Expenses incurred from yielding to desires that can lead to negative financial consequences.
Repeated Mistakes
The act of making the same errors multiple times, often hindering progress or learning in any context.
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