Pub affairs 201 exam - Study guides, Class notes & Summaries
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Pub affairs 201 Exam |Questions & Correct Answers Passed with Grade A
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Nudge: status quo bias -Prefer current state of affairs to change
Choice overload: nudge -Too many choices leads to no choice - decision fatigue, information
overload
Rules of thumb: nudge -Use mental shortcuts rather than considering full info available
Loss aversion: nudge -More sensitive to loss than gains
Exam (elaborations)
Pub affairs 201 Exam |Questions & Correct Answers Passed with Grade A
Last document update:
ago
Nudge: status quo bias -Prefer current state of affairs to change Choice overload: nudge -Too many choices leads to no choice - decision fatigue, information overload Rules of thumb: nudge -Use mental shortcuts rather than considering full info available Loss aversion: nudge -More sensitive to loss than gains
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