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Maslow's hierarchy of needs is an idea in psychology proposed by American psychologist Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in the journal Psychological Review. [1] The theory is a classification system intended to reflect the universal needs of society as its base, then proceeding to more acquired emotions. [ 18 ]
Maslow postulated a hierarchy of human needs stretching from basic physical needs at the bottom to spiritual or transcendental needs at the top. [4] In Motivation and Personality, [1] Maslow argues that, in order for individuals to thrive and excel, a health-fostering culture must be created. [5]
Maslow’s hierarchy of needs is the kind of “see it everywhere, can’t remember where you learned it” concept that pops up every so often in conversations about psychology, social issues and ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 7 January 2025. American psychologist (1908–1970) Abraham Maslow Born April 1, 1908 (1908-04) Brooklyn, New York City, U.S. Died June 8, 1970 (1970-06-08) (aged 62) Menlo Park, California, U.S. Education City College of New York Cornell University University of Wisconsin Known for Maslow's hierarchy of ...
Maslowian portfolio theory (MaPT) creates a normative portfolio theory based on human needs as described by Abraham Maslow. [1] It is in general agreement with behavioral portfolio theory, and is explained in Maslowian Portfolio Theory: An alternative formulation of the Behavioural Portfolio Theory, [2] and was first observed in Behavioural Finance and Decision Making in Financial Markets.
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When needs in a category are frustrated, an individual will invest more efforts in the lower category. In 1969, psychologist Clayton Alderfer developed Abraham Maslow's hierarchy of needs by categorizing the hierarchy into his ERG theory (Existence, Relatedness and Growth). The existence category is concerned with the need for providing the ...
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