Define behavioural economics

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Reference no: EM1375548

There are two questions that I need help.

First- define today's economic and psychological contracts with most employers. Use instances to justify your conclusion. How do our economic contracts laws of agency and current employment at will beliefs differ from our grandparents (World War II, 1950s)? What is good vs. not so positive about today's work environment (including worker rights)

Second- define behavioural economics, human capital theory and the concepts of individual as well as societal inventing inn human capital. How might strategic investments in you and I have a positive impact on society, ourselves and our neighbours.

Please answer those two questions in even essay format which is sentences by sentence. Pages shouldn't be more than one and half page.

Reference no: EM1375548

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