2026

Psychology & Mind

Quiz on Psychological Economics

On April 18, 2026, analyze subtle incentives and cognitive shortcuts that shape everyday choices in markets and personal finance.

#psychology#decision making#behavioral economics#incentives

Quiz Intelligence

Total Questions

5

Difficulty Level

medium

Progress

0/0

0%

Quiz Questions

Answer all questions below and test your knowledge.

1
Which mechanism most directly explains why individuals adopt a new financial app after observing widespread usage among colleagues?
Question 1
2
When a person prefers a smaller immediate reward over a larger delayed reward, even when the delay is short, which behavioral tendency is being demonstrated?
Question 2
3
Which statement captures the endowment effect as observed in experimental economics?
Question 3
4
What outcome is predicted by prospect theory when identical options are described using gains versus losses?
Question 4
5
In retirement plan enrollment, which pattern supports the existence of status quo bias?
Question 5

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Quiz on Psychological Economics

Quiz Intelligence

Quiz Questions

Which mechanism most directly explains why individuals adopt a new financial app after observing widespread usage among colleagues?

When a person prefers a smaller immediate reward over a larger delayed reward, even when the delay is short, which behavioral tendency is being demonstrated?

Which statement captures the endowment effect as observed in experimental economics?

What outcome is predicted by prospect theory when identical options are described using gains versus losses?

In retirement plan enrollment, which pattern supports the existence of status quo bias?