000			01741nam a22001577a 4500
999			_c525751 _d525751
008			240409b ||||| |||| 00| 0 eng d
100			_aKhera, Hridayansh _951664
245			_aThe regret paradox
260			_aAdministrative Development: A Journal of HIPA, Shimla
300			_a10(1), Jan-Jun, 2023: p.95-103
520			_aThis study aims to elucidate the human tendency to harbour regret over medical expenses despite reassurance over physical well-being. This study shows the application of behavioural economics in the healthcare sector and explains the hypothesis, using the theoretical construct of Loss Aversion. In order to provide a behavioral perspective on the paradoxical and peculiar nature of humans to regret medical expenses even when confronted with positive results, primary data has been collected from a random sample of 100 individuals belonging to specific age groups from middle income strata of society. This analysis in the healthcare sector successfully demonstrates how psychological, cognitive, and emotional factors influence economic decision-making - Behavioural economics. – Reproduced https://himachal.nic.in/showfile.php?lang=1&dpt_id=15&level=2&lid=23648&sublinkid=24265
650			_aStudy, Human, Regret, Medical, Expenses, Reassurance, Physical, Well-being, Application, Behavioural, Economics, Healthcare, Sector, Hypothesis, Theoretical, Construct, Loss, Aversion, Behavioral, Perspective, Paradoxical, Peculiar, Nature, Individuals, Age, Groups, Middle, Income, Strata, Society, Analysis, Psychological, Cognitive, Emotional factors, Economic, Decision-making. _951665
773			_aAdministrative Development: A Journal of HIPA, Shimla
906			_aHEALTH SERVICES
942			_cAR