Multiple Choice
A heuristic is a:
A) positive-framing method.
B) mental shortcut that helps us make decisions.
C) method to increase the price of your vices.
D) formal policy used by firms to drive employee behavior.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Commitment devices:<br>A)need strong commitments that are hard
Q9: The endowment effect is the tendency to:<br>A)place
Q10: Jessica's workplace is collecting money for a
Q11: Choice architects know that whether something feels
Q12: Choice architecture is the:<br>A)organization of the context
Q14: Disclosing information in more usable ways to
Q15: People respond better to _ framing.<br>A)negative<br>B)any type
Q16: When considering choice architecture, a nudge:<br>A)only provides
Q17: Suppose a researcher is running an experiment.
Q18: Behavioral economists accept that: people try to