Behavioral economics incorporates insights from which other field of study? A. Psychology B. Political science C. Sociology D. Anthropology

________ behavioral assumption about humans was that people usually act in a rational, self-interested way. Thomas Malthus's Adam Smith's Karl Marx's Janet Yellen's

I am driving in the desert and discover that I am really low on gasoline. I find a roadside park and someone there offers to sell me 5 gallons for $50 (which, he says, should get me to the nearest gas station). I am desperate and so I agree to the deal. The most likely reason explaining why the individual made this decision is based on factors.

What do you think of the ethics of using unconscious nudges to alter people’s behavior?

please help

Daniel Kahneman and the late Amos Tversky are considered to be the founders of modern behavioural economics and finance. In recognition of their work, Kahneman was awarded the Nobel prize in economics in 2002. Reflect on the following points: Are economic agents rational? and What can psychology teach us that will enable us to understand and possibly predict, economic agents’ behaviour? How can “heuristics and biases” have an effect on economic decisions? To what extent is Kahneman’s work relevant to financial decisions?

Identify a personal economic decision that was driven by a behavioral bias rather than by pure rational behavior. Given your understanding of behavioral economics, how would your decision differ today? Please provide a detailed discussion. I will not give a positive rating for vague responses.

Give only typing answer with explanation and conclusion

A personal economic decision that was driven by a behavioral bias rather than by pure rational behavior.

Behavioral economics suggests that people are more likely to take risks when given choices that are framed in terms of ________ rather than _______. (Fill in both blanks, separated by a comma.)