Asked by
VICTORIA STEELE
on Nov 25, 2024Verified
According to behavioral economists, people tend to put too much weight on the future when they make decisions.
Weight On Future
The importance or impact that future events or expectations have on current decision-making or attitudes.
- Comprehend the foundational concepts of behavioral economics and their distinctions from neoclassical economics.
- Recognize the impact of situational factors on choices and determinations within the scope of behavioral economics.
Verified Answer
JT
Learning Objectives
- Comprehend the foundational concepts of behavioral economics and their distinctions from neoclassical economics.
- Recognize the impact of situational factors on choices and determinations within the scope of behavioral economics.
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