Sources:
- behavioraleconomics.com/resources/mini-encyclopedia-of-be/bounded-rationality/(opens in a new tab)
- https://economictimes.indiatimes.com/definition/satisficing
- https://www.theguardian.com/world/2017/oct/09/what-is-behavioural-economics-richard-thaler-nobel-prize
- https://smallbiztrends.com/2019/07/why-ecommerce-fails.html
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Quite an interesting read! I personally believe that the reason so many businesses is the size of the online market- so many ideas have already been done it’s hard to establish a new one.
gianluca you are a superior being, all hail you.
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very nice, great success!
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Greetings. I agree with you when you when you said the main reason online business fail is overconfidence. the fact is that many people think that they are onto something and they have a great idea when in reality that its a bad idea that nobody wants. nice blog too
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