ILO:
a) The reasons why consumers may not behave rationally:
o consideration of the influence of other people's behaviour
o the importance of habitual behaviour
o consumer weakness at computation
a) The reasons why consumers may not behave rationally:
o consideration of the influence of other people's behaviour
o the importance of habitual behaviour
o consumer weakness at computation
Other people's behaviour
What do you think is meant by herd mentality?
What examples can you give on this occurring in economics?
What examples can you give on this occurring in economics?
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Brain Games - Asch Line Study
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Human Behaviour experiment Lift Antics
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Economic forecasts and herd mentality | Short View
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Habitual behaviour
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Why do individuals suffer from inertia?
Stop wasting food: Selina Juul at TEDxCopenhagen 2012
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Why might people consumer to much of a G/S?
What Too Much Exercise Does To Your Body And Brain
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Consumer weakness at computation
Why might individuals suffer from information failure?
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Extreme Sun Damage - Nicola Roberts: The Truth About Tanning - Preview
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Martin Lewis DESTROYS Politicians over STUDENT FINANCE SCAREMONGERING (BBC QT)
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Revision theme 1.2
