In the experiment discussed on page 5 of Chapter 4 , the researchers could have suggested any number to the participants. For example, the researchers could have suggested the number given by the subjects' arrival to the experiment instead of the last two digits of the social security number.
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Q1: A default option is the option that
Q2: The rational model predicts that if an
Q4: The policy implication of the default option
Q5: The default option bias implies that the
Q6: The status quo bias is necessarily inconsistent
Q7: There are three bundles of goods:
Q8: A preference reversal is a violation of
Q9: If there is a violation of transitivity
Q10: Standard utility maximization cannot be used to
Q11: Consider two bundles
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