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:
“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)
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)