Behavioral economics is economic analysis that:
A) uses principles of animal behavioral training to train human behavior.
B) explains human behavior by tying it to economic principles.
C) includes psychological factors in assessing how people make economic decisions.
D) replaces emotion with factual analysis.
Correct Answer:
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Q103: The value of information is greater the:
A)more
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Q106: Sadie is going to buy a guitar
Q107: Economic analysis that includes psychological factors in
Q109: Using Kahneman's terminology, psychologists distinguish between what
Q110: The tendency to overrate the accuracy of
Q111: Overconfidence is the:
A)tendency to overrate the accuracy
Q112: People who are overconfident are likely to:
A)overestimate
Q113: Overconfident people tend to _ risks and
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