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- Prospect theory is based on behavioral economists' understanding of how people what? react to good things (or gains) and bad (or losses). make predictions about their future income. search for job prospects or business prospects. behave under stressful conditions.One method of solving this problem is through signaling. Signaling is a strategy one uses when they have information. The goal is to use a signal to convince the buyer that the good or service that is being sold is quality and will meet the buyer's wants. Offer an example of a company that uses a signal to help sell its product. What is the signal? What information is the signal trying to convey? Do you think the signal is effective? Why or why not? Does this signal improve market efficiency? Why or why not?Answer with correct explanation. I need correct answer.
- The tendency of people to discount long-term values more than they do near-term values—making many people "future blind"— is known in behavioral economics as myopia. anchoring. framing effects. time inconsistency.Carl is doing his homework and has the television on in the background. While it is on, several commercials aired. What stage of the information-processing model does this represent? A) memory B) interpretation C) exposure D) action E) attentionIdentify the disparity between belief and behavior in Vince’s situation.
- give me right answer。Demonstrate that the amount of normal affinity to save and the normal inclination to burn-through is consistently equivalent to one.Behavioral economics has been around for a while but it is experiencing a new resurgence. Note: ✓ Select an option True False er than the Save Answer button will NOT save any changes to your