Design of choices which influence the decisions

Assignment Help Business Economics
Reference no: EM13984942

Nudge theory is mainly concerned with the design of choices which influence the decisions we make. According to the theory, what factors should we consider when designing choices?

Reference no: EM13984942

Questions Cloud

If the coil terminals are energized for 8 seconds how long : A delay-on (TON) relay has a preset of 5.0 seconds. If the coil terminals are energized for8.0 seconds, how long will its contacts be actuated? If a delay-on (TON) relay with a preset of 5.0 seconds is energized for 3 seconds, how longwill its contac..
Affect the freezing point depression : Does the amount of solute used affect the freezing point depression?
Parking shortages are a perennial problem : Parking shortages are a perennial problem on many college campuses, while parking surpluses exist at most shopping malls (except, perhaps during the Christmas season). Explain and show graphically the two cases on separate diagrams. Describe and show..
Little change in price because supply will also increase : Analyze the following ideas graphically and explain any fallacies that may be stated. An increase in demand will cause price to rise, with a rise in price, supply will increase and the increase in supply will push price down. Therefore, an increase i..
Design of choices which influence the decisions : Nudge theory is mainly concerned with the design of choices which influence the decisions we make. According to the theory, what factors should we consider when designing choices?
Investment time horizon is a bit long : A long-term bond of the government of the United States is always totally safe. Ths is in terms of dollars received. However, there seems to be a problem where the price of bond always fluctuates when there is change in the interest rates.
Perfectly competitive firm in the short run : If a perfectly competitive firm in the short run can sell its output at $2.50 per bushel and it has an average variable cost of $2.75 per bushel and a marginal cost of $2.50 per bushel it should
Define pareto optimality : One day when Gilligan was diving in the lagoon he came across a gigantic oyster. Gilligan loved raw oysters so he pried the mollusk from the rocks and hastily came ashore. When he pried open the oyster he was surprised to find a huge gray pearl. Defi..
What is the inductance l of the inductor : An inductor is connected to the terminals of a battery that has an emf of 12.0 V and negligible internal resistance. The current is 4.91 mA at 0.700 ms after the connection is completed. After a long time the current is 6.40 mA. What is the resist..

Reviews

Write a Review

Business Economics Questions & Answers

  Importance of risk management to the business enterprise

This is a business law question there is now select subject for business law so I chose economic Miller, R. (2013). Fundamentals of Business Law: What is the importance of risk management to the business enterprise?

  Debating the merits of increasing government expenditures

Which of the following is not a valid point in debating the merits of increasing government expenditures or cutting taxes during a recession?

  Q1 joes search costs are 7 per search he wants to buy a dvd

q1. joes search costs are 7 per search. he wants to buy a dvd player for his wife for christmas and the lowest price

  Illustrate what is the budget equation

You have an income of $40 to spend on two commodities. Commodity 1 costs $10 per unit, and commodity 2 costs $5 per unit, illustrate what is the budget equation.

  Business cycle fluctuations tend to affect output

The industries or sectors of the economy in which business cycle fluctuations tend to affect output the most are:

  Saving rate on capital per worker ad output per worker

How to use solow growth model to explain the long run effect of raising the saving rate on capital per worker ad output per worker. Start with an initial steady state and show the new steady state on the graph. Label the graph properly.

  What is the present value now of the total revenue

Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the marketing and distribution of ready-to-drink tea products by adding 12 countries to their current markets. If the agreement is reached, operations are exp..

  What would be the new equilibrium level of GDP

Assume that initially G is $300 and equilibrium real GDP is $5000. If the multiplier is 5, what would be the new equilibrium level of GDP if Government expenditures increase to $500?

  European governments adopted austerity policies

In response to the Great Recession a number of European governments adopted austerity policies which cut government spending on goods and services. Assuming no change in autonomous consumption or in autonomous investment, explain whether such an aust..

  Why is fiscal policy slow to affect economic growth

Why is fiscal policy slow to affect economic growth? Why does monetary work so much quicker to boost the economy than fiscal policy? Why does fiscal policy often contradict monetary policy and often hinders economic growth during recessionary periods..

  Under the EU merger regulations

Under the EU merger regulations, preapproval is not needed under which of the following conditions?

  Repayment duration for loan will be reduced

Jim borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly patents are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan w..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd