How people often behave in an irrational way

Reference no: EM133394119

Question: Find the example of the bias below ( in the field of economic marketing or finance):

-IKEA Effects

-Stereotyping

For each bias answer two questions:

How people often behave in an irrational way (in the field of economics, financial decisions or consumer choice), according to this bias?
What can be the benefits for those who can overcome this bias?

Reference no: EM133394119

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