What are the Different Biases an Individual will be faced by in Behaviour Economics?

-Rule of Thumb: Simple Tools helping to make a Decision -Anchoring: Placing lots of Emphasis on One Piece of Information -Availability Bias: Decisions made on the Chances of an Event to happen, based on how Easy to remember such Event - After an Earthquake, Overestimations may happen of Earthquake happening soon. -Social Norms: Decisions influenced by the Group they are In. -Habitual Behaviour: Doing the Same thing Continuously - going to the same Shop despite Rational Theory. -Altruism: People want to act Fairly and treat people Better. People don’t act Purely on Self Interest.