Behavioral Economics and Consumer Decision-Making

Authors

  • Morgan Roberts Prof.
  • Avery Hall Dr.
  • Jordan Thomas PhD

Keywords:

behavioral economics, consumer decision-making, psychology, cognitive biases, marketing

Abstract

This article analyzes how behavioral economics principles influence consumer decision-making processes. It examines the psychological factors that drive purchasing behaviors and the role of cognitive biases. The study also explores how marketers can leverage these insights to enhance consumer engagement and satisfaction. The research provides a comprehensive overview of the intersection between psychology and economics in shaping consumer choices.
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Author Biographies

Morgan Roberts, Prof.

Prof.
Harvard University
Cambridge, MA 02138, USA

Avery Hall, Dr.

Dr.
University of Amsterdam
Spui 21, 1012 WX Amsterdam, Netherlands

Jordan Thomas, PhD

PhD
University of Auckland
Auckland 1010, New Zealand

References

Jeyhun, R., Elshan, R., Naila, A., & Aydin, N. (2025). Effectiveness of Internet of Things migration into hybrid economic projects.

Rahimov, J., Rahimov, E., Nasirzade, A., & Yusifli, P. (2025). Economic aspects of projects based on the Internet of Things. Innovation and Sustainability Articles, 5(4), 31-44.

Мошенський, С. (2025). Хаос і синергія. Фінансовий світ постіндустріальної епохи. Sergei Moshenskyi.

Smuk, I. (2025). Growth hacking as a driver of innovative development of start-ups: Between marketing and product.

Published

2026-02-20

Issue

Section

Articles