Why do we look for orderwhere there is none?The irrationality of stock market investors
The relationship between economics and psychology is much closer than it generally appears.
There is a great deal of common ground between the two fields. We can These include decision-making, entrepreneurship or risk-taking [Tyszka, 1995]. risk taking [Tyszka, 1995]. The fact that psychology and economics have been drifting apart for many years is mainly due to a difference in methodological approaches. Economists try to make predictions, while psychologists describe and explain phenomena [Wärärkö, 1995].
In recent years, however, there has been some rapprochement between the two sciences with the emergence of a new discipline called economic psychology. This discipline studies the psychological mechanisms and processes underlying economic behaviour. It deals with preferences, choices, decisions and the factors that influence them, as well as the consequences of those of these decisions and choices. It also deals with the influence of external economic phenomena on human behaviour.