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

Question

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Behavioural economics is concerned with the study of how psychological, social, cognitive, and emotional factors affect economic decisions and the outcomes of markets. It addresses systematic biases in decision-making, such as overconfidence and loss aversion, that deviate from rational decision-making assumptions in traditional economics. Clinical psychology is concerned with the diagnosis and treatment of mental illness, and is not related to economics. Microeconomics is concerned with the study of individual economic agents, such as consumers and firms, and their interactions in markets, while macroeconomics is concerned with the study of aggregate economic phenomena, such as inflation and unemployment.

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