Multiple Choice
Setting up automatic payroll deductions to put a portion of your pay into a "Christmas account" is an example of:
A) status quo bias.
B) the endowment effect.
C) positive framing.
D) a commitment device.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: The Save More Tomorrow (SMarT)program offers employees
Q23: When we study choice architecture, we recognize
Q24: Suppose studies show that only 15 percent
Q25: Choice architecture can:<br>A)alter actual decisions and thus
Q26: An important category of bias in human
Q28: Amanda, who lives in Vermont, is visiting
Q29: Camille and Priya are talking over coffee.
Q30: Suppose Maya announces that she would like
Q31: Commitment devices are:<br>A)mechanisms that allow people to
Q32: A default rule:<br>A)is a consequence that users