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Economic Psychology

This class was created by Brainscape user Tim Jenzelewski. Visit their profile to learn more about the creator.

By: Tim Jenzelewski
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Decks in this class (10)

Chapter 1 Economic Psychology: History and Application
Consumer sentiment index 1,
Opportunity costs 2,
Production possibilities curve 3
8  cards
Chapter 2 Decision-Making: Normative Models and Anomalies
Decisions under certainty 1,
Decision under uncertainty risky ...,
Ellsbergparadox 3
26  cards
Chapter 3 Decision-Making: Descriptive Models and Choice Architecture
Prospect theory 1,
Prospect theory value function we...,
Endowment effect 3
15  cards
Chapter 4 Lay Theories: Knowledge and Money
Theory of social representation 1,
Functions of social representation 2,
Social categorisation theory 3
17  cards
Chapter 5 Consumer Markets: Purchasing and Credit Use
Classification of purchase decisi...,
Syncratic decisions 2,
Conflict purchase 3
21  cards
Chapter 6 Labour Markets: Wages and Entrepreneurship
Equilibrium wage 1,
Fair wage fair effort hypothesis 2,
Norm of reciprocity 3
16  cards
Chapter 7 Financial Markets: Risk and Investment
Efficient market hypothesis 1,
Noise traders 2,
Passive investors 3
17  cards
Chapter 8 Collective Cooperation: Shadow Economy and Tax Paying
Shadow economy broad definition 1,
Size of shadow economy correlated...,
Tax morale 3
21  cards
Chapter 9 Collective Production: Work and Unemployment
Job characteristics model 1,
Motivating potential score 2,
New forms of work and autonomy 3
18  cards
0 Collective Prosperity: Wealth and Happiness
Satisfaction can be short lived o...,
Emotional well being 2,
Life satisfaction 3
17  cards

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Economic Psychology

  • Class purpose General learning

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