Examlex
Which of the following statements is true?
Temptation
An urge or desire to perform an action that may be beneficial in the short term but is generally considered unwise or detrimental to long-term goals.
Behavioral Economists
Economists who study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions and the consequences for market prices, returns, and resource allocation.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Behavioral Economist
An expert who studies the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions by individuals and institutions.
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