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Psychology and the Market

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NBER2004-01-01 更新2025-01-04 收录
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Prospect theory, loss aversion, mental accounts, hyperbolic discounting, cues, and the endowment effect can all be seen as examples of situationalism -- the view that people isolate decisions and overweight immediate aspects of the situation relative to longer term concerns. But outside of the

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2004-01-01
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