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Behavioral Economics

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Behavioral Economics: How Bias Affects Financial Decisions
Behavioral Economics

Behavioral Economics: How Bias Affects Financial Decisions

Behavioral economics is a fascinating field that sheds light on how psychological factors influence our financial decisions. Unlike traditional economics, which assumes people are always rational and make logical choices, behavioral economics suggests that we are often influenced by cognitive biases and emotions. These biases can lead to suboptimal financial
22 May 2024 3 min read
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