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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 2
Explain the psychological bias that causes people's decisions to be affected by default rules or the endowment effect.
Explanation
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Default rule:
Default rule refers to th...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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