Behavioral economics phenomena often occur when System 1 processing dominates System 2 processing, leading individuals to act based on initial emotional reactions rather than deliberative thinking.

Authors

• Person: Paul Conner Organization: Quirk's
  Behavioral economics: what it is and three ways marketers can use it

Sources

• Behavioral economics: what it is and three ways marketers can use it www.quirks.com Paul Conner · Quirk's via serper

Referenced by nodes (3)

• behavioral economics phenomena concept
• System 2 thinking concept
• System 1 concept