Analysis on the Irrationality and Abnormality in Life

DOI

10.2991/assehr.k.210407.011How to use a DOI?

Keywords

Irrational behavior, trust, cheating, classical economics

Abstract

This passage mainly focuses on two aspects. One is the irrational behavior people make while dealing with issues that involve gain and loss. The other is the analysis of one major economic incentive for people to cheat, experiments for testing the theory that money can be a strong incentive for cheating, and measures to prevent it. The author finds out that people have a universal preference for things that are free to obtain and an active dislike of loss. This natural preference may result in irrational decision-making while trading. Moreover, the author proves through experiment that money can be a highly influential incentive for people to commit dishonest behavior.

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  - Mofei Chen
PY  - 2021
DA  - 2021/04/08
TI  - Analysis on the Irrationality and Abnormality in Life
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 54
EP  - 57
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.011
DO  - 10.2991/assehr.k.210407.011
ID  - Chen2021
ER  -