Examlex
_______________ describes the voluntary actions taken by a company to address the ethical,social,and environmental impacts of its business operations and the concerns of its stakeholders.
Behavioral Economics
A field of economics that examines the psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Heuristics
Simple, efficient rules or strategies, often used to facilitate quick decision-making or problem-solving.
System 1
Refers to the fast, instinctive, and emotional way of thinking proposed in Daniel Kahneman's dual-process theory of the mind.
System 2
System 2 is a concept from cognitive psychology that describes the deliberative, analytical, and conscious way of thinking, as opposed to the fast, automatic, intuitive thinking of System 1.
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