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  2. Topic
    Business
  3. Study Set
    Behavioral Economics
  4. Exam
    Exam 4: Status Quo Bias and Default Options
  5. Question
    In the Experiment Discussed on Page 5 of Chapter 4
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In the Experiment Discussed on Page 5 of Chapter 4

Question 3

Question 3

True/False

In the experiment discussed on page 5 of Chapter 4 , the researchers could have suggested any number to the participants. For example, the researchers could have suggested the number given by the subjects' arrival to the experiment instead of the last two digits of the social security number.

Correct Answer:

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