Analysis on the Factors for People’s Irrational Choice

DOI

10.2991/aebmr.k.210601.002How to use a DOI?

Keywords

Irrational, Traps, Human nature, Thinking, Loss aversion

Abstract

People often encounter many choices in their life, but they are often guided by some traps to make some irrational behaviors. This paper divides these traps into three categories according to their different characteristics: bias of human nature, thinking bias, and language bias. Based on the research of some traps, this paper finds that these three types of traps all have their own features. For example, the language traps such as decoy bias will use different languages to influence people’s feelings of the same concept. By opening many investigations and studying predecessors’ theories such as “loss aversion”, the author verifies his ideas and comes to this conclusion.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zexuan Wu
PY  - 2021
DA  - 2021/06/02
TI  - Analysis on the Factors for People’s Irrational Choice
BT  - Proceedings of the 2021 International Conference on Enterprise Management and Economic Development (ICEMED 2021)
PB  - Atlantis Press
SP  - 6
EP  - 11
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210601.002
DO  - 10.2991/aebmr.k.210601.002
ID  - Wu2021
ER  -