Experiments in Behavioural Economics - examples of confirmation bias and bounded rationality
- Levels: AS, A Level
- Exam boards: AQA, Edexcel, OCR, Eduqas, WJEC
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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