Complete the behavioral economics crossword puzzle. Submit it via this Blackboard assignment in PDF of pic format. The easiest way to submit this assignment is to complete the crossword puzzle, take a picture of it with your phone, and submit the picture.
Complete the behavioral economics crossword puzzle. Submit it via this Blackboard assignment in PDF of pic format. The easiest way to submit this assignment is to complete the crossword puzzle, take a picture of it with your phone, and submit the picture.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
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Transcribed Image Text:Clues
Across
1. opinion must be right
8. people who new Trump would win the election
11. guesstimation tool
12. misunderstandings that cause systematic errors
16. context changes interpretation or behavior
17. guesses based on feelings rather than facts
Down
2. assists in interpreting depth
3. lack of judgment of future consequences
4. eyes adjust to judge direction
5. limiting decision options
6. helps with balance
7. take option presented as the default option
9. tendency of favoring current benefits or costs over future benefits or costs
10. only looks at agreeable information
13. how people deal with beneficial or detrimental situations
14. underestimating time requirements
15. you failed but I did it
Words
gaze-heuristic
recognition-heuristic
cognitive-biases
confirmation-bias
self-serving-bias
framing-effects
overconfidence-bias
availability-heuristic
planning-fallacy
hindsight-bias
steering-heuristic
prospect-theory
mental-accounting
status-quo-bias
myopia
shadow-heuristic
time-inconsistency
Transcribed Image Text:Complete the behavioral economics crossword puzzle. Submit it via this Blackboard
assignment in PDF of pic format. The easiest way to submit this assignment is to
complete the crossword puzzle, take a picture of it with your phone, and submit the
picture.
Learning Outcomes
Defining types of Heuristics
Chapter 8 Crossword
Behavioral Economics
Differentiating cognitive biases
Contrast components of prospect theory
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