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In mental accounting theory, the framing effect defines that the way a person subjectively frames a transaction in their mind will determine the utility they receive or expect. [11] The concept of framing is adopted in prospect theory , which is commonly used by mental accounting theorists as the value function in their analysis (Richard Thaler ...
Psychology is the scientific study of mind and behavior. [1] [2] Its subject matter includes the behavior of humans and nonhumans, both conscious and unconscious phenomena, and mental processes such as thoughts, feelings, and motives. Psychology is an academic discipline of immense scope, crossing the boundaries between the natural and social ...
Clinical psychology is an integration of human science, behavioral science, theory, and clinical knowledge for the purpose of understanding, preventing, and relieving psychologically-based distress or dysfunction and to promote subjective well-being and personal development.
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory.
Dissociative identity disorder; Other names: Multiple personality disorder Split personality disorder: Specialty: Psychiatry, clinical psychology: Symptoms: At least two distinct and relatively enduring personality states, [1] recurrent episodes of dissociative amnesia, [1] inexplicable intrusions into consciousness (e.g., voices, intrusive thoughts, impulses, trauma-related beliefs), [1] [2 ...
c. 50 – Aulus Cornelius Celsus died, leaving De Medicina, a medical encyclopedia; Book 3 covers mental diseases.The term insania, insanity, was first used by him. The methods of treatment included bleeding, frightening the patient, emetics, enemas, total darkness, and decoctions of poppy or henbane, and pleasant ones such as music therapy, travel, sport, reading aloud, and massage.
Social psychology is the methodical study of how thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others. [1] Social psychologists typically explain human behavior as a result of the relationship between mental states and social situations, studying the social conditions under which thoughts, feelings, and behaviors occur, and how these variables ...
Monetary unit principle: assumes a stable currency is going to be the unit of record. The FASB accepts the nominal value of the US dollar as the monetary unit of record unadjusted for inflation. Time-period principle : implies that the economic activities of an enterprise can be divided into artificial time periods.