The Undoing Project

Understanding Irrationality: Top Books for Exploring Behavioral Economics

What is Behavioral Economics Behavioral economics is a field of economics that combines insights from psychology and economics to study how individuals make decisions and how their behavior deviates from rationality. Traditional economic models assume that individuals always act in their own self-interest and make rational decisions, but behavioral economists argue that human decisions are […]

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The Undoing Project

Enhancing Decision-Making Skills: Top 3 Books to Read Now

What is Decision-making Decision-making is the process of selecting the most suitable course of action from among multiple alternatives. It involves identifying and evaluating choices or options based on available information, analyzing potential outcomes and consequences, considering risks and uncertainties, and ultimately making a choice or reaching a conclusion. Decision-making can be both rational, based

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