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9:10
Why We Act Irrationally: The Science of Behavior
…
Behavioral economics is a branch of economics that studies how people make decisions and behave in real-life situations. It challenges the assumption that humans are rational and self-interested, and reveals how emotions, biases, and social influences affect our choices. In this video, you will learn the basic concepts and examples of behavioral economics, such as present bias, loss aversion, framing effect, and nudging.
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