Business, 19.07.2021 18:30 twistedhyperboles

Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact that he would enjoy the flavor of the tiramisu the same amount every time, Josh only buys it when others are having dessert and never buys it if he would be the only one having dessert. Behavioral economists would say that Josh's decision is affected by confirmation biases. framing effects. the self-serving bias. the availability heuristic.

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Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despi...