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Neuroeconomic Insights into Cognitive Biases and Managerial Decision-Making
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Author(s): Abhishek Kumar Singh (Jawaharlal Nehru University, India), Arpit Singhmar (Jawaharlal Nehru University, India), Arvind Kumar (Jawaharlal Nehru University, India)and Lokesh Jindal (Jawaharlal Nehru University, India)
Copyright: 2025
Pages: 50
Source title:
Impact of Sensory Marketing on Buying Behavior
Source Author(s)/Editor(s): Reena Malik (Chitkara University, India), Shivani Malhan (Chitkara University, India)and Manpreet Arora (Central University of Himachal Pradesh, India)
DOI: 10.4018/979-8-3693-9351-2.ch003
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Abstract
This chapter delves into the intersection of neuroeconomics, cognitive biases, and managerial decision-making. It aims to provide a comprehensive overview of how neurosensory and neuromarketing techniques influence consumer behaviour and decision-making processes. The chapter bridges the gap between academic research and industry practices through an in-depth literature review, innovative research methodologies, and detailed case studies. It offers practical insights and strategies for marketers and practitioners, emphasising the importance of interdisciplinary collaboration and knowledge exchange.
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