Behavioral Economics and Decision-Making Research
Description: This quiz is designed to assess your understanding of the principles of Behavioral Economics and Decision-Making Research. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: behavioral economics decision-making cognitive biases heuristics prospect theory |
Which of the following is a key concept in Behavioral Economics?
What is the term for the tendency to rely on mental shortcuts to make decisions?
Which of the following is an example of a cognitive bias?
What is the term for the tendency to overweight losses relative to gains?
Which of the following is a key concept in Prospect Theory?
What is the term for the tendency to make decisions based on how information is presented?
Which of the following is an example of a framing effect?
What is the term for the tendency to rely on information that is easily accessible?
Which of the following is an example of an availability heuristic?
What is the term for the tendency to use an initial piece of information as a starting point for making subsequent judgments?
Which of the following is an example of an anchoring bias?
What is the term for the tendency to make decisions based on emotions rather than logic?
Which of the following is an example of emotional decision-making?
What is the term for the tendency to make decisions based on social norms and expectations?
Which of the following is an example of social decision-making?