QUESTION 3 In the UK, the HMRC sent a text message to taxpayers with the reminder that "most people pay on time to avoid penalties." This type of message is taking account of what concept in behavioral economics? O Risk loving O Nudging O Bounded rationality O Anchoring
QUESTION 3 In the UK, the HMRC sent a text message to taxpayers with the reminder that "most people pay on time to avoid penalties." This type of message is taking account of what concept in behavioral economics? O Risk loving O Nudging O Bounded rationality O Anchoring
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Transcribed Image Text:QUESTION 3
In the UK, the HMRC sent a text message to taxpayers with the reminder that "most people pay on time to avoid penalties." This type of message is taking account of what concept in behavioral economics?
O Risk loving
O Nudging
O Bounded rationality
O Anchoring
