15 Essential Concepts in Behavioral Economics in 7 Minutes Each

15 Essential Concepts in Behavioral Economics in 7 Minutes Each

By Nietsnie TreblaUnlocking the Subconscious Influences on Decision-Making for Everyday Life and Business

Length2h 6m

About this book

Summary

Unlock the intriguing world of behavioral economics with '15 Essential Concepts in Behavioral Economics in 7 Minutes Each', a concise and engaging guide designed for readers who seek to understand the complexities of decision-making in just a few short minutes. This book demystifies key principles that govern human behavior and economic choices, making them accessible to everyone, from students to seasoned professionals. Each chapter of this book presents a fundamental concept in behavioral economics, carefully crafted to be digestible in a brief seven-minute read. These concepts are not just theoretical; they are woven into the fabric of our everyday lives, influencing how we shop, invest, and interact with others.

Book information

Genre

Business and Economics

Length

2 hrs 6 mins

Publish date

Mar 1, 2025

Language

English

About the Author

Nietsnie Trebla

Nietsnie Trebla is a reclusive theoretical thinker known for his eccentric views on time, space, and the absurdity of socks. He writes books about anything and everything—no topic too vast, no detail too trivial. His motto: "Think backward to move forward". Little is known about his origins, though whispers in academic circles suggest he once tried to reverse entropy with nothing but a chalkboard and a stubborn attitude. View all Audiobooks by Nietsnie Trebla

1Introduction

11Mental Accounting: How We Categorize Money

2Foreword

12The Sunk Cost Fallacy: Sticking to Bad Decisions

3Introduction

13Social Norms: The Influence of Others on Our Choices

4The Invisible Hand: A Behavioral Perspective

14The Availability Heuristic: Judging Risk by Memory

5Loss Aversion: The Pain of Losing vs. the Pleasure of Gaining

15Present Bias: The Struggle Between Now and Later