[2026] PTE Academic Reading - Fill in the Blanks (Dropdown)
Fill in the Blanks (Dropdown) #0111
Fill in the Blanks (Dropdown)
Fill in the Blanks (Dropdown)
Below is a text with blanks. Click on each blank, a list of choices will appear. Select the appropriate answer choice for each blank.
Behavioral economics explores how psychological factors influence the economic decisions of individuals and institutions. Traditional economic models assume that humans are rational actors who consistently seek to maximize their . However, empirical research suggests that cognitive biases often lead people to make choices that from logical expectations. One widely discussed concept is 'nudging,' which involves designing choices in a way that better decisions without restricting freedom of choice. For example, automatically enrolling employees in a pension plan can significantly participation rates compared to an opt-in system. While effective, these interventions must be applied with to ensure they remain ethical and do not exploit vulnerable populations.
Question Discussion
Please sign in to join the discussion or ask a question about this task.
Sign In / Register NowLoading...
Highlights
ID:pt5982900327
Test No:#0111
Difficulty:Hard
Be the first to solve this!
Support Our Mission
Get the full video course with strategies and extra practice on Udemy.