Choice architecture is the:
A) organization of the context and process in which people make decisions.
B) structure that forces utility-maximizing decisions for individuals.
C) political framework under which policy is made.
D) the mental framework people use to make all of their decisions.
Correct Answer:
Verified
Q13: In choice architecture, a "bad choice" is
Q14: The implementation of choice architecture that alters
Q15: Behavioral economists accept that: people try to
Q16: The organization of the context and process
Q17: The success of the SMarT program, which
Q19: Choice architecture can:
A)alter actual decisions and thus
Q20: A mistake is a choice that:
A)the chooser
Q21: The average person is more likely to
Q22: Your roommate tells you she's going to
Q23: The endowment effect is the tendency to:
A)place
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