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10 January, 06:24

Something that encourages specific behavior

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  1. 10 January, 08:26
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    Incentive

    Something that encourages you to behave in a particular way
  2. 10 January, 09:27
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    Some core ideas in behavioral economics focus on people's propensity to do nothing, as evident in default bias and status quo bias. Inaction may be due to a number of factors, including inertia or anticipated regret. However, sometimes people have an impulse to act in order to gain a sense of control over a situation and eliminate a problem. This has been termed the action bias (Patt & Zeckhauser, 2000). For example, a person may opt for a medical treatment rather than a no-treatment alternative, even though clinical trials have not supported the treatment's effectiveness.
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