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behavioral economists helped businesses to get more employees to participate in savings plans for retirement. They made it so that employees had to check a
behavioral economists helped businesses to get more employees to participate in savings plans for retirement. They made it so that employees had to check a box if they did NOT want the retirement plan. If the box was left unchecked, they would automatically be enrolled in the plan. This is an example of using what behavioral economists refer to as ___________ to affect people's behavior. social factors hierarchical influence nudges initiatives
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