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- Discuss the concept of stationarity. What is the difference between strong and weak stationarity? Give an example of a stationary process.Cognitive biases are the result of Multiple Choice O heuristics used in the deliberative processes of the human brain. heuristics used in the intuitive processes of the human brain. deliberative processes of the human brain taking over the intuitive ones. the conflict between the older part and the newer part of the human brain.Suppose a hot-dog vendor asks your advice for improving the sales. Based on the lecture videos, provide two behavioral suggestions. For each suggestion, explain the behavioral bias that the suggestion is based on. Explain each suggestion in detail and the reasons why it could increase the sales. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- The Foundations of Behavioral Economic Analysis Consider the following property of choice correspondence : Show that maximization of complete and transitive preference satisfies β-axiom. I need this ASAPDaniel and Kjell are writing a paper together. Daniel is the PhD supervisor and thus is the first to decide how many hours, hp. to put into the project. After observing the amount of time that Daniel contributes, Kjell decides how many hours, hK. to contribute. Daniel's utility function is 12(hp+ hx)5 -hp Kjell's utility function is 14(hp+hx)0.-hx How many hours does Kjell spend on the project? Select one alternative: O 49 O 26 O 32Explain behavioral economic belief
- 1) John is operating an internation business in the United Stateds of American and is focused on the limitation or short-term impact of an issue. It can be said that John has a ............. 2) The grestest good for the greatest number of persons is known as the ............... approach. 3) this theorgy states that a country's wealth was deternmined by the amount of its gold and silver holding. It is ...........?Typed and correct answer please. Don't copy.Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Typed Plzzzz And Asap I will upvoteThe goal of the consumer is to maximize the total utility or satisfaction derived from their purchase choices, given the unique budget constraint. To calculate total utility of a given combination of T-shirts and movies, one would use the following approach: Group of answer choices For a given combination of T-shirts and movies, assign a number of utils to that combination. For a given combination of T-shirts and movies, survey a group of individuals to determine an average for utils to be assigned to the number of T-shirts and movies. Use utils as a measure of utility, assigning a specific number to T-shirts and movies, and then add those together. For a given combination of T-shirts and movies, use Google to identify the number of utils associated with the number of T-shirts and movies and then sum them.Please see below. Need help with this.