<span>A behavioral economist is of the mindset that people make errors, and that those errors happen repeatedly throughout time. This is a systematic form of error. A behavioral economist might think that people are driven to things that tempt them, and might argue that people can be reckless in that sense. They would view people as wanting products that vary and cannot easily be determined based on data.</span>
I’m not sure the exact page number, but it is in Chapter 1.
The process by which new information displaces older information in short-term memory could explain why someone, for example, could remember a phone number and suddenly he or she will forget the last three digits of the number. In order to avoid this, we can enhance our short-term memory skill by chunking or having a rehearsal.
Prime spot in the Mediterranean that's one major reasons
Can recognize themselves in a mirror.
