👉 Pseudoeconomics is a branch of economics that deals with the economic behavior of non-market participants, such as individuals and firms. It focuses on understanding how market-based economic theories fail to capture certain aspects of human decision-making processes, especially when considering individual preferences, values, and constraints in the absence of direct exchange. In pseudoeconomics, economists use mathematical models and simulation techniques to analyze the long-term outcomes of economic systems under different conditions. This approach helps in predicting future behavior, making predictions about