Economics
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Experiments in Behavioural Economics - examples of confirmation bias and bounded rationality
- Level:
- AS, A Level
- Board:
- AQA, Edexcel, OCR, Eduqas, WJEC
Last updated 14 Nov 2017
This activity allows players to see two experiments that have been undertaken when researching aspects of behavioural economics.
The first experiment looks at confirmation bias and how pre-determined biases impact on the way a person answers a question.
The second experiment looks at Ariel Rubinstein's research into bounded rationality.
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