Behavioral Economics and Decision-Making
Description: This quiz assesses your understanding of Behavioral Economics and Decision-Making. It covers concepts such as heuristics, biases, and framing effects, and their impact on individual and market behavior. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: behavioral economics decision-making heuristics biases framing effects |
Which of the following is NOT a common heuristic used in decision-making?
The framing effect refers to the phenomenon where:
Which of the following is an example of a cognitive bias?
The endowment effect refers to the phenomenon where:
Which of the following is an example of a behavioral economics experiment?
The hyperbolic discounting model suggests that:
Which of the following is an example of a nudge?
The prospect theory suggests that:
Which of the following is an example of a framing effect in the context of medical decision-making?
The availability heuristic refers to the phenomenon where:
Which of the following is an example of a behavioral economics intervention?
The anchoring effect refers to the phenomenon where:
Which of the following is an example of a behavioral economics experiment that has been used to study social preferences?
The status quo bias refers to the phenomenon where:
Which of the following is an example of a behavioral economics intervention that has been used to promote healthy eating?