Suppose two parents present their 16-year-oldwith a list of the cars that they will allow him tobuy. If the parents decide to add another vehicle tothe list, is that affecting the choice architecture fortheir son? Why or why not?
Suppose two parents present their 16-year-oldwith a list of the cars that they will allow him tobuy. If the parents decide to add another vehicle tothe list, is that affecting the choice architecture fortheir son? Why or why not?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Suppose two parents present their 16-year-old
with a list of the cars that they will allow him to
buy. If the parents decide to add another vehicle to
the list, is that affecting the choice architecture for
their son? Why or why not?
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