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For the past five years,Benjamin has been purchasing Citizens of Humanity brand jeans each time he needs a new pair of jeans,even though a different brand,such as RocaWear or Ecko,would in all likelihood bring him more utility per dollar spent.A behavioral economist would suspect Benjamin is suffering from the ________ bias.
Advantages
Benefits or favorable factors that contribute to success or effectiveness.
Conflict
A situation or process in which individuals or groups perceive that they have opposing interests, goals, or values, often leading to tension or disputes.
Manipulate
To control or influence something or someone cleverly, unfairly, or unscrupulously.
Good Goals
Objectives that are specific, measurable, achievable, relevant, and time-bound, which guide personal or organizational growth.
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