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Rational vs Irrational Decisions || The Behavioral Economics Perspective

🧠⚖️ Rational vs. Irrational Decisions || The Behavioral Economics Perspective ⚖️🧠 Do you always make logical choices? Behavioral economics reveals that our decisions are often shaped by emotions, biases, and subconscious influences—sometimes leading us to act irrationally without even realizing it! 💡 What you’ll learn in this video: The difference between rational and irrational decision-making. How cognitive biases, such as loss aversion and anchoring, impact our choices. Why emotions and past experiences often override logical thinking. Real-world examples of irrational decisions in finance, shopping, and everyday life. Practical strategies to recognize biases and make smarter, more rational decisions. ✨ Understanding why we make irrational choices can help us improve our decision-making and take control of our lives! 🔔 If you found this video insightful, don’t forget to LIKE 👍, SUBSCRIBE 🔴, and SHARE 🔄 to help others understand the psychology of decision-making! 💬 Have you ever made an irrational decision that you later regretted? Share your experience in the comments below!