Solved

Firms That Automatically Enroll Their Employees in Retirement Plans, Giving

Question 214

Multiple Choice
Firms that automatically enroll their employees in retirement plans, giving them the option to opt-out instead of to opt-in, is an example of a form of behavioral economics known as A)the endowment effect. B)network externality. C)nudges. D)anchoring.

Firms that automatically enroll their employees in retirement plans, giving them the option to opt-out instead of to opt-in, is an example of a form of behavioral economics known as


A) the endowment effect.
B) network externality.
C) nudges.
D) anchoring.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q209: Which of the following is a common

Q210: Consider the following hypothetical scenarios:
Scenario A: You

Q211: What is behavioral economics?
A)the study of how

Q212: Arnold Kim began blogging about Apple products

Q213: The observation that people tend to value

Q215: Sunk costs
A)are costs associated with repairing something

Q216: What is the endowment effect?
A)the phenomenon that

Q217: Studies on consumer behavior have found that

Q218: The endowment effect suggests that that people
A)have

Q219: Grace Makutsi finally bought a pair of

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents