Home / Questions / There are two grocery stores in the new locality that you have moved into Since you did no...
There are two grocery stores in the new locality that you have moved into. Since you did not know which store is better, you decided to go to the one which is relatively crowded. Your behavior is an example of ________.
A) herding
B) anchoring
C) signaling
D) sniping
22) Ron decided to sell a particular stock when he found out that many other people are selling it. This is an example of ________.
A) anchoring
B) signaling
C) sniping
D) herding
23) We often choose the school we attend on the basis of how popular it seems to be. Such behavior is an example of ________.
A) anchoring
B) herding
C) signaling
D) sniping
24) Voters are often influenced by opinion polls. They end up voting for the party that is likely to win according to the opinion poll. This occurs due to ________.
A) anchoring
B) herding
C) sniping
D) signaling
25) Hedge funds often buy the same stocks and track each other's investment strategies. This is an example of ________.
A) herding
B) anchoring
C) hedging
D) sniping
26) There are two equidistant exits in a movie hall. However, one exit is used by a majority of the people after the end of a movie. This is an example of ________.
A) herding
B) anchoring
C) signaling
D) sniping
27) ________ creates an informational equilibrium in which people trust the wisdom of others and ignore their own information.
A) Anchoring
B) Hedging
C) Sniping
D) Herding
28) During the global financial crisis of 2008, as more people started selling their houses in fear of falling house prices, the house prices fell further. This is an example of a(n) ________.
A) pecuniary externality
B) positive externality
C) information cascade
D) moral hazard
29) As more people in a country started hoarding grains in fear of a shortage, a shortage actually occurred. This is an example of a(n) ________.
A) positive externality
B) information cascade
C) moral hazard
D) adverse selection
30) Information cascade occurs when:
A) the buyer of a good has more information than the seller and takes hidden actions.
B) the seller of a good has more information about the hidden characteristics of the good.
C) people make the same decisions as others without focusing on private information.
D) people have contradictory information about a good they want to consume.
Feb 15 2020 Read more Less More
The Gantt Chart (invented by Henry L. Gantt), still used today in the production planning area of many organizations, is a method for comparing the actual and planned per...
Apr 05 2018On January 1, 2002, ABC Company purchased equipment for $100,000. The equipment was assigned an estimated life of 10 years and a residual value of $10,000. On January 1, ...
May 31 2018Using the given sections, all of A992 steel, and the plastic theory, determine the values of and as indicated.
May 25 2020As a HR manager demostrate your ability to practically apply the theories of attitudes when the organization is planning to intake new recruiters
Aug 27 2020What is the amount of the annual coupon interest rate for a bond that has five years until maturity, sells for $995.00 and has a yield to maturity of 9.129%? (Use 3-deci...
Aug 10 2020How many steps are there within the Business Operation Cycle
Sep 02 2020Explain whether the U.S. government should do more to protect consumers or if consumers should become more aware and informed in today
Jun 06 2018How did Tony Fernandes transform and build Airasia into the organisation it is today ?2) Why does he believe that people development is important ?3) How does entrepreneu...
Aug 21 2020Two isothermal (300 K, 1 atm) laminar jets with different diameters have the same volumetric flowrates. (a) What is the ratio of their Reynolds numbers? Express in terms ...
Jul 23 2020Describe design approaches to address environmental concerns.Investigate design-for-environment practices in two of your local industries. Describe company policies and t...
Aug 26 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.
