Think of four things you buy frequently. Try to identify two items you believe you choose based on the standard economic model (you follow the most logical route) and two items you believe you choose based on the behavioral economic model (perhaps your choices aren't the most rational in the world).
What will be an ideal response?
varies
You might also like to view...
The "lipstick effect" refers to
A. the application of more lipstick at different times during the ovulatory cycle. B. how cosmetic marketing often heightens insecurity about one's appearance. C. the tendency for women to spend more money on cosmetics during bad economic times. D. men who pay more attention to superficial beauty.
Control of the emotional content of speech depends on ____.
A. the right hemisphere B. the left hemisphere C. both hemispheres equally D. the corpus callosum
The factor that appears to be the most direct cause of social anxiety is ______.
a. self-presentational motivation b. self-monitoring c. social self-efficacy d. negative outcome expectancies
Lester is testifying against a person accused of robbery. Lester recalls with precise detail the number of people in the bank and what they looked like, the weather outside, and the song playing on the radio. He also provides details about the bank robbery itself. If you are a juror, you should
A. believe Lester's testimony because of its detail. B. believe Lester's testimony only if he presents the details in a confident manner. C. be skeptical of Lester's testimony because of what you know from research on divided attention. D. be skeptical of Lester's testimony because of what you know of implicit memory.