People's Tendency to Prefer Something That Will Yield Immediate Benefits

question 137

Multiple Choice

People's tendency to prefer something that will yield immediate benefits over something whose benefits come later is called what by behavioral economists?

• A)myopia
• B)mental accounting
• C)anchoring
• D)framing

---

Definitions:

Light Therapy

A treatment for seasonal affective disorder (SAD) and certain other conditions by exposure to artificial light.

Depression

A mood disorder characterized by persistent feelings of sadness, loss of interest, and a lack of energy or motivation.

Light Therapy

Treatment using exposure to specific wavelengths of light used to address disorders like seasonal affective disorder (SAD).

Depression

A mental health disorder characterized by persistently low mood, loss of interest in activities, and a range of other symptoms that inhibit daily functioning.