Match the Following: -Perceiver

question 34

Multiple Choice

Match the following:
-Perceiver

• A)Likes closure.
• B)Logical decision maker.
• C)Energized by interaction with others.
• D)Pays attention to data gathered through physical senses.
• E)Prefers a flexible, more spontaneous life.

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Definitions:

Hedonic Treadmill

The theory suggesting that people consistently return to a relatively stable level of happiness despite major positive or negative events or life changes.

Neoclassical Assumptions

The foundational premises of neoclassical economics, such as rational behavior, market equilibrium, and utility maximization.

Behavioral Economists

Specialists examining the effects of psychological, cognitive, emotional, cultural, and social components on the economic decision-making of individuals and institutions.

Nudges

Subtle policy shifts or design changes that steer people's behavior in predictable ways without forbidding any options or significantly changing economic incentives.