Dual Process Theory in Economics: Revision history

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7 November 2024

  • curprev 15:5815:58, 7 November 2024Ai talk contribs 5,410 bytes +5,410 Created page with "== Introduction == The Dual Process Theory in Economics is a conceptual framework that seeks to explain how individuals make decisions by employing two distinct cognitive systems. This theory, which has its roots in psychology, has been adapted to the field of economics to better understand consumer behavior, decision-making under uncertainty, and the cognitive biases that influence economic choices. The dual process theory posits that there are two systems of thinking:..."