BUS149 Quiz for Week 5 - Incentives & Motivation

BUS149

Week 5 Quiz

Incentives & Motivation

Question 1According to Fellner, Guth, & Maciejovsky (2004), which of the following is true?

  Most people were indifferent between their portfolio and their expert's portfolio.

  Most people preferred their portfolio over the expert's portfolio.

  Most people were indifferent between their portfolio and the average portfolio.

 Question 2According to Gneezy & Rustichini (2001), which of the following statements is true?

  A fine made parents come on time to pick up their children.

  A fine had neither a positive nor a negative impact on when parents picked up their children.

  A fine made parents even more late when picking up their children.

 Question 3According to Norton, Mochon, & Ariely (2012), which of the following statements is correct?

  Builders and evaluators did not differ significantly in their willingness to pay for the origami.

  Builders of the origami wanted to pay less for them than evaluators were willing to pay.

  Builders of the origami wanted to pay more for them than evaluators were willing to pay.