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Viktorija Bondarenko
on Nov 25, 2024

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Which of the following is not an implication of hardwired heuristics?

A) Getting people to make positive behavioral changes is about putting them in situations where heuristics kick in and lead them to the desired outcome.
B) Getting people to make better decisions is simply a matter of providing more information and more options.
C) People who know and understand hardwired tendencies of others can take advantage of situations.
D) Even when confronted with irrefutable information that a behavior is detrimental, people still may not change what they're doing.

Hardwired Heuristics

Ingrained rules of thumb or cognitive shortcuts humans use to make decisions or solve problems quickly, based on evolutionary psychology.

Behavioral Changes

Modifications or adjustments to personal actions or reactions that can have various triggers, including health interventions, environmental shifts, or personal decisions.

Information

Data, knowledge, or insights that can be used for making decisions, informing oneself or others, or as a means to understand various aspects of reality.

  • Identify the explanations given by behavioral economics on the effects of cognitive biases and heuristics on making decisions.
  • Acquire insight into the crucial role of heuristics within decision-making frameworks and their repercussion on economic actions.
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Elias MelendezDec 02, 2024
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