Chapter 5 - Behavioral Economics Flashcards
1
Q
What is behavioral economics ?
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2
Q
Why are human irrational ?
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3
Q
What is illusory correlation bias ?
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4
Q
What is Availability Heuristic ?
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5
Q
What is the Endowment effect ?
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6
Q
What is BE in business ?
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7
Q
Whatis BE in advertisement ?
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8
Q
Who uses BE ?
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9
Q
Explain how climate change beliefs is an example of confirmation bias
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10
Q
How can gouvernement use BE ?
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