Category: Category 1
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Behavioural Economics in Real-Life Scenarios Behavioural economics is a fascinating field that bridges the gap between psychology and economics, exploring how people make decisions in real-world contexts. Unlike traditional economic theories that assume individuals are rational actors who always make decisions in their best interest, behavioural economics acknowledges that humans often act irrationally due to…
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How Emotions Shape Business Decisions: An Analysis Many professionals pride themselves on relying on logic, data, and objective analysis when making business decisions. However, emotions play a significant role in decision-making processes, often influencing outcomes in ways that are not always immediately apparent. Understanding how emotions shape business decisions is crucial for leaders, entrepreneurs, and…