Individuals are rational decision-makers.

Individuals have perfect information.

Individuals are always self-interested.

All of the above.

Individuals are not always rational decision-makers.

Individuals do not always have perfect information.

Individuals are not always self-interested.

All of the above.

Bounded rationality

Prospect theory

Nudging

All of the above.

The idea that individuals have limited cognitive resources and cannot process all available information.

The idea that individuals make decisions based on heuristics and biases.

The idea that individuals are not always self-interested.

All of the above.

A theory that describes how individuals evaluate gains and losses relative to a reference point.

A theory that explains why individuals are more risk-averse in the domain of losses than in the domain of gains.

A theory that predicts how individuals will respond to nudges.

All of the above.

A method for influencing individual behavior without coercion or deception.

A method for changing the default options in a choice architecture.

A method for providing individuals with information to help them make better decisions.

All of the above.

By designing policies that take into account the psychological and cognitive factors that influence individual decision-making.

By using nudges to encourage individuals to make better choices.

By providing individuals with information to help them make better decisions.

All of the above.

Changing the default option for organ donation from opt-in to opt-out.

Providing individuals with information about the health risks of smoking.

Offering a discount on healthy food items.

All of the above.

The tendency for individuals to place a higher value on items that they own compared to items that they do not own.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to prefer the status quo over change, even if the change would be beneficial.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to make different decisions depending on how the options are presented.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to use an initial piece of information as a reference point for making subsequent judgments.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to judge the likelihood of an event based on how easily they can recall examples of the event.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to judge the likelihood of an event based on how similar it is to other events that they have experienced.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.

The tendency for individuals to seek out information that confirms their existing beliefs.

The tendency for individuals to overvalue the status quo.

The tendency for individuals to be more risk-averse in the domain of losses than in the domain of gains.

All of the above.