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Loss Aversion, Nudges, and Mental Accounting: Understanding Decision-Making through Behavioral Economics

This research paper explores the principles of behavioral economics, placing special emphasis on loss aversion, the endowment effect, and the role of nudge theory in everyday decision-making. By analyzing foundational theories, this paper highlights how psychological factors influence human behaviour, and aims to prove how behavioural economics provides a more realistic approach to decision-making than traditional theories. Behavioral economics has emerged as a field that explains the deviations in pre-existing consumer theories and provides a more realistic rationale to explain consumer behaviour in making decisions. Special attention is given to Richard H. Thaler, whose contributions to mental accounting, prospect theory, and nudge theory provided the foundation for understanding real-world behaviour. Methodologically, this paper adopts an analytical approach. It reviews pioneering literature, including Thaler's original papers related to behavioural studies, and contrasts them with neoclassical assumptions. This paper draws connections between theoretical concepts and real-world practical examples—from consumer spending patterns to market behaviour. Overall, this paper discusses that integrating human behavioural insights into economic thinking leads to a more realistic model of human behaviour.

Published by: Kapeesh Ahuja

Author: Kapeesh Ahuja

Paper ID: V12I1-1169

Paper Status: published

Published: March 5, 2026

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Research Paper

Using Tessellation Art to Understand the Properties of Quadrilateral Theorems in Class 9

This study, conducted by Ms. Dipika Thakur and Ms. Shahina Shaikh at Adani Vidya Mandir Ahmedabad, integrates tessellation art into Class 9 quadrilateral theorem teaching to enhance conceptual understanding beyond rote-learning limitations. Employing a five-phase design—traditional teaching, pre-assessment, art-integrated teaching (tessellation art and load-bearing paper folding), post-assessment, and comparative analysis—the research evaluates art-based methods' impact on engagement and comprehension. Pre-tests revealed significant gaps in students' grasp of quadrilateral properties. The art-integrated phase used hands-on tessellation activities to visualise abstract concepts tangibly, boosting participation and enthusiasm. Post-tests, mirroring pre-test formats, showed marked improvements—e.g., students scoring 0.5-1 initially reached 9.5-10. Graphical comparisons and qualitative feedback from teachers/students highlighted trends in better understanding, accessibility, and enjoyment. In conclusion, tessellation art fosters deeper engagement and conceptual mastery, offering a transformative alternative to traditional geometry instruction with broader STEM education implications.

Published by: Dipika Thakur, Shahina Shaikh

Author: Dipika Thakur

Paper ID: V12I2-1138

Paper Status: published

Published: March 5, 2026

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Research Paper

The Impact of Digital Payments in the Modern Global World: A Comparison Between India, EU/US/UK and Italy

This study explores the rapid growth of digital payment systems and their impact on financial inclusion and literacy around the world. Over the past decade, these platforms have become increasingly integrated into the economies of many countries, changing the way people access and manage money. The research focuses on how digital payment systems have emerged in the modern global context and examines their influence on financial literacy across different populations. A comparative analysis is conducted for countries including the United States, India, the European Union, and Italy, highlighting differences in adoption, regulatory approaches, and accessibility. Using qualitative analysis of policy reports and secondary data from international financial institutions, the study identifies both opportunities and challenges associated with digital payment expansion. Findings suggest that while these systems make financial transactions easier and more efficient, gaps in digital skills, infrastructure, and access remain. The study emphasizes the need for targeted policies and education programs to ensure that digital payments contribute to inclusive and sustainable financial development.

Published by: Vedaansh Chaudhary

Author: Vedaansh Chaudhary

Paper ID: V12I1-1163

Paper Status: published

Published: March 5, 2026

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Research Paper

Impact of Aging on the Endocrine System

The endocrine system plays a central role in maintaining homeostasis through hormonal regulation. Aging is associated with progressive dysregulation of several endocrine axes, resulting in widespread effects on metabolism, musculoskeletal integrity, immune function, mental health, etc. This paper examines the impact of aging on key systems, including the growth hormone–insulin-like growth factor-I axis (GH-IGF-I Axis), dehydroepiandrosterone (DHEA(S)), the hypothalamo–pituitary–adrenal axis (HPA Axis), menopause, and andropause. Understanding these hormonal changes is essential for addressing age-related morbidity and improving quality of life in older populations.

Published by: Paarth Dhawan

Author: Paarth Dhawan

Paper ID: V12I1-1154

Paper Status: published

Published: March 5, 2026

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Research Paper

Life Cycle Assessment of Electric Vehicles vs. Internal Combustion Engine Vehicles: A Post-2020 Comparative Analysis

The rapid electrification of transportation after 2020 has increased discussions about whether electric vehicles (EVs) are more environmentally friendly than internal combustion engine vehicles (ICEVs). Although EVs do not produce tailpipe emissions, their total impact on the environment depends on the manufacturing process, battery production, the combination of electricity production, and end-of-life treatment. In this work, the LCA of EVs and ICEVs on the basis of cradle-to-grave life cycle analysis is provided under the conditions of technological progress and the grid in the post-2020 period, with references to the Indian electricity mix. Mathematical emission modeling, break-even analysis, and sensitivity analysis are conducted for a functional unit of 150,000 km. Results indicate that EVs exhibit higher manufacturing emissions but lower operational emissions. Compared to ICEVs, EVs exhibit 6–30% lower total life cycle emissions under current grid conditions (0.7 kg CO₂/kWh). The study also emphasizes how important grid decarbonization is to improving EV sustainability performance.

Published by: Khushdeen Singh Khosa, Harpreet Singh

Author: Khushdeen Singh Khosa

Paper ID: V12I1-1182

Paper Status: published

Published: March 2, 2026

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Research Paper

Computer Networks VR

Computer Networks VR is an engaging educational game that turns key ideas of computer networking into a gameplay experience focused on packet transfer methods. Players take on the role of "Ping," moving through a factory designed like a Wi-Fi router, which serves as a metaphor for actual network operations. By handling packets shown as labeled boxes and setting IP and destination addresses, along with solving routing problems, players gain a solid understanding of data transmission. As they advance through different levels, they come across packet structures and protocols, solidifying their theoretical knowledge with practical simulations. This game highlights the potential of virtual reality as a valuable tool for making abstract networking concepts interactive and hands-on.

Published by: Shrey Sharma, Nendra Namgyel Wangchuk, Abhijeet Sharma

Author: Shrey Sharma

Paper ID: V12I1-1177

Paper Status: retracted

Submitted: February 26, 2026

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