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Who is the author of 'The Upside of Irrationality'?
What is the core subject of the book 'The Upside of Irrationality'?Behavioral EconomicsPhysicsSociologyModern History
Why do people sometimes make irrational decisions according to the book?
What is the benefit of irrationality according to the book?Helps making unique and creative decisionsSaves timeImproves numerical skillsHelps in early retirement
Which experiment in the book shows people are willing to work more for less pay?
The book explores how 'sunk cost fallacy' affects decision making. What is 'sunk cost fallacy'?An economic term about continuing a project due to already invested resourcesA physics conceptA biology term about energy lossA psychological term about memory bias
In the book, how does the author describe the relationship between value and labor?
What is the key message conveyed by the author towards the end of the book?Understanding our irrationalities can help improve our decision-makingAll decisions should be rationalEmotional decisions are badAll economic theories are flawed
According to the book, what causes people to overvalue their DIY projects?
How does the book classify decision making?Rational and IrrationalEasy and DifficultConscious and SubconsciousSupported and Unsupported