Analysis on the Factors for People’s Irrational Choice
- 10.2991/aebmr.k.210601.002How to use a DOI?
- Irrational, Traps, Human nature, Thinking, Loss aversion
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.
- © 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/).
Cite this article
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 -