behavioral economics



A theory stating that there are important psychological and behavioral variables involved in the economic decisions of consumers or countries.

Use this term in a sentence

  • You should do some research on the behavioral economics theory to figure out if it can help your business grow.

    11 people found this helpful
  • I studied behavioral economics and thought that I was really smart and could predict anything that involved that kind of economics.

    11 people found this helpful
  • You need to have a good understanding of behavioral economics to know how to react and prepare for all situations.

    5 people found this helpful
Show more usage examples...

Related Videos

Have a question about this term? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z