Lecture 26

Question 1

Decision fatigue

Answer 1

Better to move from low to high amount of options in a series

Question 2

Decision architecture solutions to temporal discounting

Answer 2

(1) Get rid of immediate option
(2) Use delay or acceleration frame
(3) Default -> status-quo

Question 3

Decision architecture and reference points

Answer 3

Putting money into savings feels like a loss, so it is better to have money go straight from paycheck to savings - hedonic editing

Question 4

The single-action bias

Answer 4

Negative emotions can motivate good behaviors -> decreases negative emotions -> no further beneficial actions

Question 5

Licensing effects

Answer 5

Negative emotions -> good behaviors -> less negative emotions -> encourages negative behavior

Question 6

Unintended consequences

Answer 6

DA may result in unintended consequences such as decreasing sales

Question 7

Illusory effectiveness

Answer 7

Making something default -> appearance that behavior has changed but really the rate of compliance for behaviors such as vaccination (ex) are the same