Y1 - Int. to Behavioural Economics

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Summary

Week 5

Erasmus Universiteit · Int. Economics and Business Economics

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Week 5
Chapter 3: Decision-Making under Certainty
3.2 Opportunity Costs
3.3 lets
3.4 Menu dependence and the decoy effect
3.5 Loss Aversion and the endowment effect
3.6 Anchoring and adjustment
7.3 Bundling and mental accounting

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