Behavioral economicsA field of economics that studies the influence of psychology on decision making
Definitions:
The study of economic decisions and how they are influenced by social, cognitive, and emotional factors
IrrationalNot logical or reasonable
Definitions:
Without the faculty of reason; deprived of reason.
DecisionsThe action or process of deciding something
Definitions:
The act of deciding; conclusion or resolution reached after consideration.
HiddenNot openly acknowledged or displayed
Definitions:
Being out of sight or not readily apparent.
ForcesStrength or energy as an attribute of physical action or movement
Definitions:
Something that causes a change or affects a situation.