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  1. Internationally, participation differences in organ donation programs are mostly attributed to:

Acultural views.

Bfinancial compensation for organ donors.

Cwhat default option is set for participation or nonparticipation.

Dliving standards as measured by per capita GDP.

  1. Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry), but Henry quickly rejects the offer as unfair. If in the second round Gina offers the same split ($800 to Gina, $200 to Henry), research by behavioral economists suggests that Henry will:

Aaccept the offer because the dollar amount he would forgo by rejecting is substantial.

Bcounteroffer with a more even split.

Cweigh the offer much more carefully because of the dollar amounts involved but ultimately reject the offer.

Dexhibit a stronger negative reaction than the first time and ultimately reject the offer.

  1. Which of the following cognitive biases refers to people's tendency to attribute their successes to personal ability and effort, and failures to forces outside their control?

AOverconfidence effect.

BConfirmation bias.

CSelf-serving bias.

DHindsight bias.

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

AGetting people to make positive behavioral changes is about putting them in situations where heuristics kick in and lead them to the desired outcome.

BGetting people to make better decisions is simply a matter of providing more information and more options.

CPeople who know and understand hardwired tendencies of others can take advantage of situations.

DEven when confronted with irrefutable information that a behavior is detrimental, people still may not change what they're doing.

  1. According to behavioral economists, self-control problems generally result from poor information.

True


False

Verified Answer :

1. Internationally, participation differences in organ donation programs are mostly attributed to:

a. cultural views.


3. Which of the following cognitive biases refers to people's tendency to attribute their successes to personal ability and effort, and failures to forces outside their control?

a. Overconfidence effect.


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


d. Even when confronted with irrefutable information that a behavior is detrimental, people still may not change what they're doing.

5. According to behavioral economists, self-control problems generally result from poor information.

True