Explain the Behavior Bias Being Made in the Following Scenarios

question 74

Essay

Explain the behavior bias being made in the following scenarios.
a. A baseball team offers a lottery for the random chance to buy season tickets at a deep discount. The fans who paid full price for season tickets are more likely to attend games than the fans who bought discounted season tickets.
b. A person prefers $50 today to $100 one year from now but prefers $100 in six years to $50 in five years.
c. A person is more likely to drive across town to save $5 on the purchase of a $10 calculator than drive across town to save $5 on the purchase of a $100 coat.

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Definitions:

Same-sex Marriage

The legally or socially recognized marriage between two individuals of the same sex.

Patriarchy

A social system where men hold primary power, dominating in roles of political leadership, moral authority, social privilege, and control of property.

Artificial Insemination

A medical procedure that involves directly inserting sperm into a woman's cervix or uterine cavity to achieve pregnancy without sexual intercourse.

Culture Dish

A shallow, flat-bottomed container used in laboratories for growing organisms such as bacteria or cultured cells.