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0 Exakte Antworten 0 Text Antworten 23 Multiple Choice Antworten
Fenster schliessen

The standard economic model assumes people are?


Bounded ration



Fenster schliessen

Which of the following statements is correct about behavioral economics?

It builds upon the standard economic model

It rejects the standard economic model

It is the same as economic psychology

It does not use the methodology of positive economics

Fenster schliessen

In behavioral economics, the models are predominantly normative



Fenster schliessen

Which are NOT the attributes of homo oeconomicus?

Limited self-control

Flexible preferences

Complete market transparency and foresight

Completely rational behavior

Utility maximization

Fenster schliessen

Which of the following is correct?

The WTA typically exceeds the WTP

The WTP typically exceeds the WTA


Fenster schliessen

Heuristics can be beneficial because they

Save time

Typically produce correct answers

Both A and B

Neither A and B

Fenster schliessen

Which of the following options is more closely related to the diversification bias?

Projection bias

Endownment Effect

Affect heuristic

Status quo bias

Fenster schliessen

Which mental shortcut is mostly used when evaluating risks and benefits, especially under time constraints?

Affect heuristic

Time constraction

Hedonic adaption

Status quo bias