Because heuristics appear to be hardwired into the brain, the consequences include the following, except that
A) it is sometimes difficult for people to correct detrimental behaviors or routines.
B) people may be vulnerable to others who understand their hardwired tendencies.
C) heuristics make people consistently behave in a rational manner.
D) people may make behavioral changes if they're exposed to a situation where a heuristic kicks in and starts driving their decision.
Correct Answer:
Verified
Q119: Many economists believe that the neoclassical theories
Q120: Behavioral economists put significant emphasis on using
Q121: Whenever Josh goes to his favorite restaurant,
Q122: Behavioral economics recognizes that people use System
Q123: Which of the following is the best
Q125: Specialty shops can charge and get customers
Q126: John's friend Rosika won a major lottery
Q127: "Heuristics" used by the human brain are
Q128: Which of the following does not illustrate
Q129: Which of the following cognitive biases refers
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents