Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Question
Chapter 10, Problem 15P
To determine
The behavioural economist view on popularity of opt-out programs than opt-in programs for 401(k) programs.
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Students have asked these similar questions
why is behavioral economic beliefs better than traditional economic
Suppose you are designing an intervention to increase daily physical activity among adults. Describe how you would draw on concepts from behavioral economics to design the intervention.
When a person buys a more fuel-efficient car or air conditioner, we often observe them using it more intensively. As a result of this behavioral response, the reduction in energy consumption is partially undone. Economists refer to this behavioral phenomenon as:
Select one:
a. Additionality.
b. Leakage.
c. The rebound effect.
d. Slippage.
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