602 search results for “behavioural economics” in the Student website
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The psychological poverty trap: How lack of money impacts decision-making, procrastination and loss of control
Lack of money impacts how a person takes financial decisions: now or preferably later. Procrastination and avoidance behaviours in turn have an effect on lack of money, which can result in a sense of loss of control. These are the findings of psychologist Leon Hilbert in his PhD research, although the…
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