Author name: Richard H. Thaler

Understanding Irrationality: Top Books for Exploring Behavioral Economics

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What is Behavioral Economics Behavioral economics is a field of economics that combines insights from psychology and economics to study how individuals make decisions and how their behavior deviates from rationality. Traditional economic models assume that individuals always act in their own self-interest and make rational decisions, but behavioral economists argue that human decisions are […]

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Lost in Choices? Let Book Recommendations Guide Your Decision-Making

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What is Decision-Making Decision-making is the process of selecting the best possible course of action among various alternatives in order to achieve a desired outcome. It involves identifying and defining a problem or opportunity, gathering relevant information and data, evaluating and analyzing the options available, considering the potential risks and benefits, and making a final

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