What is concerned with how economic conditions are affected by individuals biases and irrationality?

Q: Is the study of how peoples thoughts feelings and actions are affected by others?

Social psychology is the scientific study of how peoples thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

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What deals with social psychology?
Is the study of how people's thoughts feelings and actions are affected by others?
What is the social psychological term for a change in behavior in response to the commands of others?
What is the process by which communal groups and individuals exert pressure on an individual?

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Social psychology is the study of how individual or group behavior is influenced by the presence and behavior of others. The major question social psychologists ponder is this: How and why are people's perceptions and actions influenced by environmental factors, such as social interaction?

Is the study of how people's thoughts feelings and actions are affected by others?

Social psychology is the scientific study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Conformity is one effect of the influence of others on our thoughts, feelings, and behaviors. Another form of social influence is obedience to authority. Obedience is the change of an individual's behavior to comply with a demand by an authority figure.

What is the process by which communal groups and individuals exert pressure on an individual?

Conformity is the tendency for an individual to align their attitudes, beliefs, and behaviors with those of the people around them. Conformity can take the form of overt social pressure or subtler, unconscious influence.