Behavioural Economics

C1 16+

Collocations of behavioural economics

consumer behavior
Frequency: 75 %

Behavioural economics examines consumer behavior to understand purchasing patterns.

human decision-making
Frequency: 70 %

Behavioural economics studies the influence of social factors on human decision-making.

decision-making process
Frequency: 65 %

Behavioural economics sheds light on the decision-making process by analyzing individual choices.

cognitive biases
Frequency: 60 %

Behavioural economics explores how cognitive biases can affect financial choices.

economic theory
Frequency: 50 %

Behavioural economics challenges traditional economic theory by incorporating psychological insights.

Idiomatic Expressions for behavioural economics

  • Phrase: choice architecture
    Meaning: the design of different ways in which choices can be presented to consumers, which can influence their decisions
    Usage: Supermarkets use choice architecture to strategically place products to influence consumer buying behavior.