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Tag: Behavioural economics

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16 January 2023

The curse of comparison

Comparing ourselves with others makes us … unhappy. That is especially true, if we set the bar too high. Economist Jaroslava Hlouskova has derived formulas that can give a better picture of how this behavior influences decisions about consumption and investment. Her research is in the field of prospect theory that sees households as being […] Continue reading “The curse of comparison”

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