Whenever Josh Goes to His Favorite Restaurant,he Wants to Buy

question 128

Multiple Choice

Whenever Josh goes to his favorite restaurant,he wants to buy tiramisu,his favorite dessert.Despite the fact he would enjoy the flavor of the tiramisu the same amount every time,Josh only buys it when others are having dessert,and never buys it if he would be the only one having dessert.Behavioral economists would say that Josh's decision is affected by:

• A) the availability heuristic.
• B) confirmation biases.
• C) framing effects.
• D) the self-serving bias.

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Definitions:

Charles Spearman

A psychologist known for his work in statistics and intelligence, including the concept of general intelligence, or "g factor."

Intelligence

The ability to learn, understand, and apply knowledge and skills, solve problems, and adapt to new situations.

Stanford-Binet Intelligence Scale

A cognitive ability assessment tool that measures intelligence through various verbal and non-verbal tasks.

Mental Age

An assessment of an individual's mental aptitude based on the average age at which people achieve a particular score.