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Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642 Exercise 8
Explain the psychological bias that causes people's decisions to be affected by default rules or the endowment effect.
Explanation
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Default rule:
Default rule refers to th...
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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