Behavioral Economics
Across
- 4. The tendency people have to be more confident in their own abilities
- 7. When a person believes they are better at something than they actually are
- 8. The subfield of economics that applies psychological insights into human behavior
- 9. The tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence
- 10. The tendency to put more value on things you already own
Down
- 1. A subconscious error in thinking that leads to irrational decision making
- 2. The tendency to return to a baseline level of happiness regardless of whether you go through a positive or negative experience
- 3. The tendency to conform to the behaviors and beliefs of the people around you
- 5. The tendency to feel anxiety/fear that an exciting or interesting event may currently be happening elsewhere
- 6. The tendency to regard losses as considerably more important than gains of comparable magnitude