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Behavioral Economics

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Set of flashcards Details

Flashcards 23
Language English
Category Psychology
Level University
Created / Updated 17.06.2022 / 20.06.2022
Licencing Not defined
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The standard economic model assumes people are?

Which of the following statements is correct about behavioral economics?

In behavioral economics, the models are predominantly normative

Which are NOT the attributes of homo oeconomicus?

Which of the following is correct?

Heuristics can be beneficial because they

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

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