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Foundations of Behavioural Economics

Behavioural Economics

A factual introduction to key figures, dates, and seminal studies in behavioural economics.

economics psychology history

8 Questions Easy Ages 15+ Nov 4, 2026

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About this Study Set

This study set covers Behavioural Economics through 8 practice questions. A factual introduction to key figures, dates, and seminal studies in behavioural economics. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

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1 In what year was Daniel Kahneman awarded the Nobel Memorial Prize in Economic Sciences?

A 1995
B 2002
C 2010
D 2017

2 Which book, co-authored by Richard Thaler and Cass Sunstein, popularized the concept of 'nudge' in 2008?

A Thinking, Fast and Slow
B Nudge
C Misbehaving
D Predictably Irrational

3 Amos Tversky and Daniel Kahneman published their seminal paper 'Prospect Theory: An Analysis of Decision under Risk' in which journal in 1979?

A Econometrica
B Nature
C The American Economic Review
D Journal of Political Economy

4 How many principles of 'nudging' are explicitly listed in the original 2008 Nudge framework?

A 5
B 7
C 10
D 12

5 Richard Thaler was elected as the president of the American Economic Association in which year?

A 2010
B 2012
C 2015
D 2019

6 In the 1980 study by Thaler and Shefrin regarding the 'planner-doer' model, what was the primary focus of their analysis?

A Self-control
B Market inflation
C Interest rates
D Currency exchange

7 Dan Ariely published the book 'Predictably Irrational' in which calendar year?

A 2005
B 2008
C 2010
D 2012

8 The term 'Behavioural Economics' began to appear more frequently in academic databases starting prominently in which decade?

A 1950s
B 1970s
C 1990s
D 2000s

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