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- : speech or conduct not natural to oneself : an unnatural form of behavior meant especially to impress others
www.merriam-webster.com/dictionary/affectation
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Dec 20, 2023 · This study guide provides a structured overview of key concepts in behavioural economics, equipping students with a deeper understanding of human decision-making and its economic implications. This AQA Economics Study Note covers aspects of behavioural economic theory.
Mar 21, 2021 · Behavioural economists believe that most decisions are taken in a social context within social networks. Individuals are influenced by social preferences, identities, and norms. Many people imitate the behaviour of others almost automatically.
noun [ C/U ] us / ˌæf·ekˈteɪ·ʃən /. Add to word list. speech or behavior that is not natural or sincere and is used to produce a certain effect: [ C ] She has many annoying little affectations. (Definition of affectation from the Cambridge Academic Content Dictionary © Cambridge University Press)
Jan 16, 2018 · Definition and explanation of herding behaviour - why it happens in economic and financial decisions. Examples and consequences of herding behaviour.
If you say that someone's attitude or behaviour is an affectation, you disapprove of the fact that it is not genuine or natural, but is intended to impress other people.
An approach to economic analysis that incorporates psychological insights into individual behaviour to explain economic decisions. Behavioural economics is motivated by the observation of anomalies that cannot be explained by standard models of choice.
Sep 21, 2009 · Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. (Robbins 1932, p. 15)
