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Business, 14.03.2020 05:08 alligatorsocks

. Behavioral economics Indicate whether each of the following examples of behavior is consistent with the utility-maximization framework of traditional economics or is better explained by concepts developed by behavioral economists. Example Consistent with the Predictions of Traditional Economic Theory More Effectively Addressed by Behavioral Economics Some people would pay money to lower the incomes of others. Some people treat $65 they earn differently from $65 they win from a lottery ticket. Some people would turn down a new, higher-paying job if it meant spending less time with their family. Some people sacrifice disposable income to help their children pay for college. Grade It Now Save & Continue

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