The basic message of behavioral economics is that humans are hard-wired to make judgment errors and they need a nudge to make decisions that are in their own best interest.

Psychology is the study of the mind and behavior. Your behavior doesn't happen in a vacuum. You live within a society. Your environment and the people in it affect your psychology.

Behavioral economics is the study of psychology that analyzes the economic decisions people make. Factors that affect behavior include bounded rationality, choice architecture, cognitive biases ...

Cognitive behavioral therapy is a widely used and effective form of psychotherapy that aims to break this cycle by helping you challenge those assumptions and take on ... — Psychology Today.