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What psychological phenomenon is demonstrated by smokers underestimating their cravings in a different physiological state?
Which of the following is NOT a factor that influences decision-making in behavioral economics?
True or false? In the investment example in the video, the group that had more frequent access to investment performance information made more money.
Please fill in the blank.
In the cookie experiment, Olivia (who was offered free cookies) took fewer cookies due to social norms. Linda (who was offered cookies for 1 cent) took more cookies due to norms.