Question 1

Prospect theory would suggest that it is better to unbundle (segregate) gains and bundle (integrate) losses.

True

False

Question 2

In the debate on whether the field needs to focus on a grand unified theory or continue its empirical approach, most of the experts suggested that we are nowhere near a grand unified theory.

True

False

Question 3

A recent move to impose a change on plastic bags at retail stores in many parts of the world is an example of a pure nudging strategy.

True

False

Question 4

Intertemporal choice phenomena can be best explained by a discounting function of the following form:

V0 = Vt[1/(1+)]t:

True

False

Question 5

In a 2 x 4 experimental design, there are 6 separate treatment conditions.

True

False