Behavioral Economics
Description: Behavioral Economics Quiz | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: behavioral economics psychology decision making |
What is the term for the tendency of people to overvalue items they already own?
What is the term for the tendency of people to be more likely to take a risk when they are presented with a sure gain, compared to when they are presented with a sure loss?
What is the term for the tendency of people to be more likely to choose an option that is presented as a default, compared to an option that is not presented as a default?
What is the term for the tendency of people to be more likely to remember information that is presented at the beginning or end of a list, compared to information that is presented in the middle of a list?
What is the term for the tendency of people to be more likely to believe information that is presented in a vivid or emotional manner, compared to information that is presented in a more neutral manner?
What is the term for the tendency of people to be more likely to choose an option that is presented as a sure thing, compared to an option that is presented as a risky option, even if the risky option has a higher expected value?
What is the term for the tendency of people to be more likely to choose an option that is presented as a gain, compared to an option that is presented as a loss, even if the loss option has a higher expected value?
What is the term for the tendency of people to be more likely to believe information that is presented by an authority figure, compared to information that is presented by a non-authority figure?
What is the term for the tendency of people to be more likely to choose an option that is presented as a social norm, compared to an option that is not presented as a social norm?
What is the term for the tendency of people to be more likely to choose an option that is presented as a scarce resource, compared to an option that is presented as a plentiful resource?
What is the term for the tendency of people to be more likely to choose an option that is presented as a personalized or customized option, compared to an option that is not presented as a personalized or customized option?
What is the term for the tendency of people to be more likely to choose an option that is presented as a complex or sophisticated option, compared to an option that is presented as a simple or straightforward option?
What is the term for the tendency of people to be more likely to choose an option that is presented as a positive or optimistic option, compared to an option that is presented as a negative or pessimistic option?
What is the term for the tendency of people to be more likely to choose an option that is presented as a familiar or well-known option, compared to an option that is presented as an unfamiliar or unknown option?
What is the term for the tendency of people to be more likely to choose an option that is presented as a default option, compared to an option that is not presented as a default option?