Examlex
What can a manager use a model to do?
Nudging
Nudging involves subtly guiding choices or behaviors without restricting options, often used in policy and marketing to influence decision-making.
Dictator Game
An experimental game in economics where one player, the "dictator," determines how to split a sum of money with another player.
Behavioral Economics
An area of economics that examines the influence of psychological, cognitive, emotional, cultural, and social aspects on economic decision-making.
Net Change
The difference between the closing value of a financial instrument on a given day and its closing value on the preceding day.
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