Deneme Sınavı Soruları

Which one of the given statement can be said to be true about the properties of the EDU (Exponential Discounted Utility) Model?

What is the concept which is often used as an indicator of happiness and individual health, refers to how people evaluate different aspects of their lives?

I. The Reference Time Model is similar to the habit formation model, it does not include the past as a whole but with a reference time and a reference output level dimension.

II. In order to understand time-inconsistent behaviors, a reference-dependent utility was formed based on the contributions of prospect theory to utility theory.

III. In the Reference Time Model, when the individual gains more than a certain amount, a new income that had a great impact before will have a stronger effect.

What can be said to be true about the Reference Time Model (RT)?

This game is a simple bargaining game on how a certain sum of money will be split between two players. One of the players in the game is called the proposer (or allocator), and the other is called the responder (or recipient).

Which game does the above information refer to?

I. Individuals can choose to avoid time-inconsistent choices by controlling their long-term demands by including the income they will earn today.

II. The individual is aware of his consumption pleasures, which will result in no effort to adapt to the future situation. 

III. Past consumption decisions will affect the individual’s future consumption decisions.

Which of the given reasons may cause the long-run and short-run demand function to differ according to Pollak (1970)?

Which of the following is not included in game theory?

I. Living the experience today will lead to more good memories one day than living it tomorrow.

II. Uncertainty makes today’s consumption more valuable. 

III. Consuming today is less valuable than consuming tomorrow.

Which of the given are some of the reasons the consumer values today’s consumption more?

Which of the given is one of the Life Results of the four qualities of life expressed by Veenhoven? 

I. Normative behavioral economics is not independent of value judgments.

II. In normative behavioral economics current economic events and behaviors are explained impartially without value judgment.

III. Normative behavioral economics represents a process that involves policy-making that includes economic practices. 

What can be said to be true about normative behavioral economics?

Game Theory is essentially a subdiscipline of which branch of science?

Choose the option that completes the following sentence correctly.

".......... expectations refer to an assumption in economics about how people make predictions regarding the future values of economic variables."

I. The risk-averse person’s utility function has a positive but increasing slope indicating the diminishing marginal utility of wealth and wealth is measured on the horizontal axis X.

II. The utility function of the risk-seeker individual is convexly indicating an increasing marginal utility of money income or wealth.

III. The risk-neutral individual’s utility function is linear and negatively sloped.

What can be said to be true about the utility functions of risk preferences?

Choose the option that completes the following sentence correctly.

"The term .......... refers to the limits of cognitive processing and task performance that are believed to result from limits inherent to an organism and are prone to intra- and interindividual variation."

Which of the following is not considered within the scope of behavioral economics?

Which of the following development played a key role behind the raise of Behavioral Economics?

1. Slow-learning
2. Serial
3. Rule-governed
4. Slow
5. Emotional

Which of the characteristics listed above describe automatic system?

Which of the following is not one of the possible causes of status quo behavior?