Behavioral economists accept that: people try to maximize their well-being but sometimes make mistakes. most mistakes in behavior are unpredictable. they must remain neutral when designing choice architecture.
A)I only
B)II and III only
C)I and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

Behavioral economists recognize that while individuals aim to maximize their well-being, they can make predictable errors, not unpredictable ones. They also believe in influencing decisions through choice architecture, which means they do not always remain neutral.

Behavioral Economists Accept That: People Try to Maximize Their Well-Being