The so-called status quo bias in decision-making refers to the tendency for people to ____.
a. want to keep things the way they are instead of changing
b. want to do whatever it is that other people are doing
c. place more emphasis on present (immediate) outcomes than on future outcomes
d. place more emphasis on definite outcomes than on probable outcomes
Question 2
The political scientist Robert Axelrod once held a computer tournament designed to determine the most successful prisoner's dilemma strategy (the strategy that would win most often for the longest period of time). That strategy was dubbed ____.
a. always-play-nice
b. tit-for-tat
c. low-ball
d. survival-of-the-stealthiest
Alan Price - Poor People
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