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Set of flashcards Details

Flashcards 23
Language English
Category Psychology
Level University
Created / Updated 17.06.2022 / 20.06.2022
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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?

The definition of Scarcity is

Which of the following is an assumption underpinning the rational choice model of decision making?

Which of the following is NOT a feature associated with the bounded rationality model of decision making?

What other term is used to describe social preferences?

Which of the following characteristics do NOT describe System 2 of the Dual Process Theory?

What does the "C" in the MINDSPACE model stand for?

Which characteristic is false? In terms of salience, people tend to register stimuli that are

What is quai-hyperbolic discounting?

Intertemporal choices refers to:

Which of the following is NOT an established method to improve your self-control?