The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

420. Boosting Local Economies with Behavioral Science (Refreshed Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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Intro

This chapter delves into the use of behavioral economics to boost community involvement and local economic support, focusing on the case study of Colu. It discusses strategies like social proof and herding to encourage participation in community activities, especially during tough times such as the pandemic.

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