Examlex
A scientist could test how the traits of desert plants are adaptive by ____.
Behavioral Economists
Economists who study how psychological, social, cognitive, and emotional factors affect the economic decisions of individuals and institutions.
Inconsistent Anchoring
A cognitive bias where individuals rely too heavily on an initial piece of information (anchor) to make subsequent judgments but inconsistently adjust away from that anchor.
Prospect Theory
A behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
Matching Contribution
A contribution to a retirement plan, for instance, where an employer matches the employee's contribution up to a certain percentage.
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