Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy the flavor of the tiramisu the same amount every time, Josh only buys it when he would be the only one having dessert. Behavioral economists would say that Josh's decision is affected by:A. the availability heuristic. B. confirmation biases. C. framing effects. D. the self-serving bias.

Question

Business

Stewart

24 February, 14:44

Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy the flavor of the tiramisu the same amount every time, Josh only buys it when he would be the only one having dessert. Behavioral economists would say that Josh's decision is affected by:A. the availability heuristic. B. confirmation biases. C. framing effects. D. the self-serving bias.

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Finley Spears · Answer 1

C. framing effects

Explanation:

Based on the information provided within the question it can be said that the behavioral economists would say that Josh's decision is affected by framing effects. This term refers to a cognitive bias where people tend to base their choices of different options based on the positive or negative connotations presented. Which is what Josh is doing by basing his decision on who else is having desert.