The field of ________ is concerned with the "human" side of economic decisions (including the biases in decision making).

Question

Quizplus · Accepted Answer

Behavioral economics is the field that studies the cognitive, emotional, and social factors that affect people's decision-making processes. It seeks to understand why individuals make irrational choices or fail to act in their own best interests by identifying and analyzing the biases and heuristics that underlie economic decisions.

The Field of ________ Is Concerned with the "Human" Side