Projection bias:
A) is the tendency to evaluate present consequences based upon tastes and needs of the future.
B) is the tendency to evaluate future consequences based on tastes and needs at the moment of the decision making.
C) is the tendency to project future states of mind to the present.
D) can lead people to overestimate their adaptability.
Correct Answer:
Verified
Q20: The endowment effect is reflected by indifference
Q21: A person is dynamically consistent if:
A) his
Q22: A person is dynamically consistent if:
A) lapses
Q23: A person who is,all else equal,more willing
Q24: A person is dynamically consistent if:
A) his
Q26: Gabby flips a fair coin and it
Q27: A person is dynamically inconsistent if:
A) lapses
Q28: Behavioral economists view the standard economic theory
Q29: Gabby flips a fair coin and it
Q30: Pre-commitment is:
A) a solution for dynamic inconsistency.
B)
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