In Economics
Economists share psychologists' interests in affective forecasting insomuch as it affects the closely related concepts of utility, decision making, and happiness.
Read more about this topic: Affective Forecasting
Famous quotes containing the word economics:
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)