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#592 - Richard Shotton - 8 Fascinating Psychological Biases

Modern Wisdom

CHAPTER

Unlocking Behavioral Science

This chapter explores the critical role of behavioral science in understanding consumer behavior and its implications for entrepreneurs and marketers. It contrasts traditional theories with experimental findings, emphasizing the significance of actual behavioral data over stated preferences. Drawing on various studies, the discussion highlights how timing, habits, and psychological biases can influence decision-making and marketing strategies.

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