• Karan Deshwal

Abstract: Behavioral economics has emerged as a prominent field that combines insights from psychology and economics to better understand and predict human decision-making. This research paper explores the key concepts, methodologies, and applications of behavioral economics modeling. It examines how incorporating behavioral factors into economic models can enhance our. The paper also discusses the challenges and future directions of behavioral economics understanding of economic behavior, improve policy design, and offer valuable insights into decision-making processes modeling. This research paper aims to provide a comprehensive overview of behavioral economics modeling, highlighting its significance in understanding and predicting human decision-making. By incorporating insights from psychology, behavioral economics modeling offers a nuanced understanding of economic behavior, informing policy interventions, and improving economic analysis. Recognizing the challenges and potential limitations, it also outlines future directions for further advancements in this dynamic field.

Behavioral Economics Modeling, Understanding and Predicting ,Human Decision-Making

"Behavioral Economics Modeling, Understanding and Predicting Human Decision-Making", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.a205-a214, August-2023, Available :http://www.jetir.org/papers/JETIR2308029.pdf

"Behavioral Economics Modeling, Understanding and Predicting Human Decision-Making", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppa205-a214, August-2023, Available at : http://www.jetir.org/papers/JETIR2308029.pdf