Behavioral Economists Accept That: People Try to Maximize Their Well-Being

question 18

Multiple Choice

Behavioral economists accept that: people try to maximize their well-being but sometimes make mistakes. most mistakes in behavior are unpredictable. they must remain neutral when designing choice architecture.

• A)I only
• B)II and III only
• C)I and III only
• D)I, II, and III

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Definitions:

Psychotherapy

A treatment technique in which a therapist uses psychological methods to help a person change behavior and overcome problems in desired ways.

Fantasies

Imaginative or fanciful thoughts, especially those not based on reality.

Repressions

A defense mechanism where distressing thoughts and feelings are unconsciously excluded from conscious awareness.

Stimulants

Compounds that boost energy, attentiveness, and alertness through the stimulation of the central nervous system activity.