Question

Identify each statement as being associated with neoclassical economics or behavioral economics.

a. People are eager and accurate calculators.
b. People are often selfless and generous.
c. People have no trouble resisting temptation.
d. People place insufficient weight on future events and outcomes.
e. People treat others well only if doing so will get them something they want.

Answer 1

a. People are eager and accurate calculators is associated with neoclassical economics.

b. People are often selfless and generous is associated with behavioral economics.

c. People have no trouble resisting temptation is associated with neoclassical economics.

d. People place insufficient weight on future events and outcomes is associated with behavioral economics.

e. People treat others well only if doing so will get them something they want is associated with neoclassical economics.