Industrial Economics and Behavioral Economics
Description: This quiz covers the intersection of industrial economics and behavioral economics, exploring how psychological factors influence decision-making in industrial settings. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: industrial economics behavioral economics decision-making market behavior |
Which concept in behavioral economics emphasizes the tendency for individuals to make decisions based on immediate rewards rather than long-term consequences?
In industrial economics, what is the term for the tendency of firms to engage in strategic behavior to influence the actions of competitors?
Behavioral economics suggests that individuals are more likely to engage in risky behavior when:
Which behavioral economics concept describes the tendency for individuals to place more weight on losses than on gains?
In industrial economics, what is the term for a market structure characterized by a small number of large firms that compete fiercely?
Behavioral economics suggests that individuals are more likely to make impulsive purchases when:
Which concept in behavioral economics emphasizes the influence of social norms and expectations on individual decision-making?
In industrial economics, what is the term for the tendency of firms to produce similar products that are close substitutes for each other?
Behavioral economics suggests that individuals are more likely to engage in unethical behavior when:
Which concept in behavioral economics emphasizes the tendency for individuals to make decisions based on emotions rather than rational analysis?
In industrial economics, what is the term for the tendency of firms to engage in price-fixing agreements to reduce competition?
Behavioral economics suggests that individuals are more likely to save money when:
Which concept in behavioral economics emphasizes the tendency for individuals to overweight small probabilities of large gains or losses?
In industrial economics, what is the term for the tendency of firms to engage in predatory pricing to drive competitors out of the market?
Behavioral economics suggests that individuals are more likely to engage in pro-social behavior when: