Behavioral, Micro

Micro Chapter 17 Review (Mateer & Coppock)

The Kahoot provides 8 end-of-chapter questions on behavioral economics.

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Course Used: Principles of Micro
Quiz Nature: Exam Review
Question Length: 8
Estimated Time to Play: 10 minutes with explanation.

Behavioral

Framing

This question recreates one of the classic behavioral findings about framing. When confronted with a choice that has the same expected probability, people are often swayed by the way the choices are presented. Would you rather have a 10% chance of mortality or would you rather have a 90% chance of survival are the same but, not surprisingly people predictably choose a 90% chance of survival.

Course Used: Principles of Micro
Quiz Nature: Discussion Starter
Question Length: 1
Estimated Time to Play: Less than 2 minutes.

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