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Politics, Law & Business: Behavioural economics

Politics, Law & Business: Behavioural economics

 eBook, Published by iMinds AU   (31 May 2006)

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Book description

Learn about Behavioral Economics with iMinds insightful knowledge series. According to most economics textbooks, human beings are super-rational creatures who know what is in their own best interests and always act accordingly. When making a decision to buy something, the rational consumer will evaluate all the possible alternatives before making a purchase, having already conducted research on the state of the market. They would not buy something on the spur of the moment, or on the recommendation of a friend. Nor would a rational consumer be unduly influenced by advertising or a brand name in making purchasing decisions. This explanation of human behaviour is known as the rational agent model. Sound realistic?iMinds brings targeted knowledge to your eReading device with short information segments to whet your mental appetite and broaden your mind. iMinds unique fast-learning products have been praised in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition. Learn about Behavioral Economics with iMinds insightful knowledge series. According to most economics textbooks, human beings are super-rational creatures who know what is in their own best interests and always act accordingly. When making a decision to buy something, the rational consumer will evaluate all the possible alternatives before making a purchase, having already conducted research on the state of the market. They would not buy something on the spur of the moment, or on the recommendation of a friend. Nor would a rational consumer be unduly influenced by advertising or a brand name in making purchasing decisions. This explanation of human behaviour is known as the rational agent model. Sound realistic?iMinds brings targeted knowledge to your eReading device with short information segments to whet your mental appetite and broaden your mind. iMinds unique fast-learning products have been praised in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition.