Business, 17.08.2019 19:20 HannahJuik

9. behavioral economicsindicate whether each of the following examples of behavior is consistent with the way traditional economic framework suggests people should act, or if it is reserved for behavioral economists to examine. exampleconsistent with the predictions of traditional economic modelsreserved for behavioral economicssome people choose to work fewer hours after receiving a raise at work. some people sacrifice disposable income to their children pay for college. some people care about how much money they make relative to other people rather than their absolute level of income. some people treat $100 they earn differently from $100 they receive as a gift.

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