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    Business
  3. Study Set
    Behavioral Economics
  4. Exam
    Exam 4: Status Quo Bias and Default Options
  5. Question
    The Status Quo Bias Is Necessarily Inconsistent with the Rational
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The Status Quo Bias Is Necessarily Inconsistent with the Rational

Question 21

Question 21

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The status quo bias is necessarily inconsistent with the rational model.

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