Which of the Following Sets of Personal Characteristics Best Reflects

question 26

Multiple Choice

Which of the following sets of personal characteristics best reflects what behavioral economists assume about how people make decisions?

• A)People are irrational, are prone to systematic errors, have stable preferences, and care about fairness.
• B)People are rational, adjust for errors, have stable preferences, and easily resist temptation.
• C)People care deeply about fairness, eagerly and accurately calculate ways to help others, assess future and present options equally well, and resist temptations in their selflessness.
• D)People have preferences that depend on context, avoid and are bad at computation, often give in to temptation, and are often selfless in their behavior.

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Definitions:

Karen Horney

A German-American psychoanalyst known for her theories on neurosis, personality, and the importance of social relationships in mental health.

Freudian Theory

Freudian Theory encompasses the ideas proposed by Sigmund Freud, emphasizing unconscious mental processes, sexuality, and the psychological roots of dysfunction.

Twenty-first Century

The current century, spanning from the year 2001 to 2100, characterized by rapid technological advancement and globalization.

Trait Theories

Psychological perspectives that focus on the identification and measurement of specific personality traits.