Behavioral Economics Trivia Questions
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Psychology of economic decisions. Play Behavioral Economics trivia solo to sharpen your knowledge, or challenge a friend head-to-head in Trivia Tango — every question comes with an explanation so you learn as you play.
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Sample Behavioral Economics Questions
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This Nobel Prize-winning psychologist partnered with Amos Tversky to pioneer the study of cognitive biases and heuristics in decision-making.
- Richard Thaler
- Dan Ariely
- Daniel Kahneman
- Herbert Simon
This term describes our tendency to place too much importance on the first piece of information we receive when making decisions.
- Anchoring bias
- Confirmation bias
- Availability heuristic
- Hindsight bias
This concept explains why people feel the pain of losing $100 more intensely than the pleasure of gaining $100.
- Risk aversion
- Loss aversion
- Endowment effect
- Status quo bias
This famous book by Richard Thaler and Cass Sunstein introduced the concept of using subtle design choices to guide people toward better decisions.
- Thinking, Fast and Slow
- Predictably Irrational
- Misbehaving
- Nudge
This bias causes people to search for, interpret, and remember information that confirms their existing beliefs.
- Selection bias
- Attribution bias
- Confirmation bias
- Optimism bias
This term describes small interventions that steer people toward certain choices without forbidding any options.
- Nudge
- Push
- Mandate
- Incentive
This mental shortcut leads people to judge probability based on how easily examples come to mind.
- Representativeness heuristic
- Availability heuristic
- Affect heuristic
- Recognition heuristic
This Nobel laureate wrote Misbehaving and is considered the father of behavioral economics.
- Daniel Kahneman
- Robert Shiller
- George Akerlof
- Richard Thaler
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