Which field of study examines the effect of actual decision-making processes on economic decisions

Question

Quizplus · Accepted Answer

Behavioural economics is a field of study that examines how psychological and emotional factors affect economic decision-making processes. It focuses on the actual decision-making processes and takes into account biases, emotions, and context in economic decision making. The other options listed do not specifically focus on economic decision-making processes.

Which Field of Study Examines the Effect of Actual Decision-Making