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Why We Aren’t Rational Consumers I 60 Second Economics
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YouTubetutor2u
Why We Aren’t Rational Consumers I 60 Second Economics
In traditional economics, we assume consumers are perfectly rational decision-makers who always maximise utility. But real life looks very different! #BehaviouralEconomics #BoundedRationality #LossAversion #HerdBehaviour #RationalConsumers #BehaviouralBiases #AlevelEconomics #Tutor2uEconomics #GeoffRiley #ConsumerBehaviour #MarketFailure # ...
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