Which of the Following Statements Best Reflects How a Behavioral

question 22

Multiple Choice

Which of the following statements best reflects how a behavioral economist views individual decision making?

• A)Alex makes wrong decisions sometimes, but usually it is only when he has been given bad information.
• B)Kara carefully calculates and weighs the expected benefits and costs of every option before making a decision.
• C)Alyssa may appear to care about others, but even her seemingly altruistic behaviors are really about furthering her own interests.
• D)Balin tries to make good, well-thought-out decisions, but his desire for utility in the present means that he often gives in to costly temptations.

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Definitions:

Prejudices

Preconceived opinions that are not based on reason or actual experience, often leading to biased attitudes towards individuals or groups.

Three-Component Attribute Model

A framework proposing that attitudes comprise cognitive, affective, and behavioral components, each contributing to the evaluation of an object or idea.

Affective Component

The emotional or feeling aspect of an attitude, which includes feelings or emotions associated with a belief.

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.