Disadvantages of experiments include
A) Decisions made in the laboratory differ from those made in the real world
B) Laboratory experiments introduce influences on decision making that are difficult to measure or control
C) Experimental subjects are typically not representative of the general population
D) All of these
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Q2: Anchoring occurs when
A) Someone's choices are linked
Q3: The default effect
A) Refers to the observation
Q4: Evidence that people do not always make
Q5: Disadvantages of experiments include
A) Decisions made in
Q6: Suppose you conduct a study in which
Q7: Motivations for behavioral economics include
A) People sometimes
Q8: Behavioral economists
A) Rely primarily on data drawn
Q9: Advantages of experiments include
A) It is easier
Q10: Identified departures from perfect rationality include
A) Incoherent
Q11: A person is dynamically consistent if
A) Lapses
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