Multiple Choice
In the arena of decision making,the choice that will automatically take place if the chooser fails to make an active decision is called:
A) status-quo bias.
B) processing power bias.
C) choice bias.
D) auto bias.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: Suppose studies showed that 12 percent of
Q4: The concept of loss aversion is:<br>A)a general
Q5: Behavioral economists accept that people _ their
Q6: An example of a heuristic is:<br>A)a rule
Q7: The endowment effect is the tendency:<br>A)to place
Q10: In the arena of decision making,status-quo bias
Q11: The success of the SMarT program has
Q26: A mistake is a choice that:<br>A) the
Q56: Disclosing information in more usable ways to
Q60: Commitment devices are:<br>A) methods to increase the