Behavioral Ecocnomics

Cognitive Bias

100

The tendency to search for information that supports our preconceptions and ignore or distort contradictory evidence

Confirmation Bias

200

The tendency to feel anxiety/fear that an exciting or interesting event may be happening somewhere else 

FOMO

300

The tendency to conform to the behaviors and beliefs of people around you

Herd Mentality

400

The tendency to regard losses as considerably more important than gains of a comparable magnitude 

Loss Aversion

500

The tendency to make decisions about a current situation based on what resources you have already invested in the situation

Sunk Cost Fallacy

Situations

100

Blake's friends are all going to a music concert. Blake hasn't saved up enough money but buys a ticket because he doesn't want to miss out 

FOMO

200

Naomi is considering taking a year off from college after high school, but none of her friends are so she registers against her will. 

Heard Mentality

300

Bob keeps putting money into his old clunker of a car, even though it won't drive.  He has already sunk in 5 grand but isn't stopping. 

Sunk Cost Fallacy

400

Daniel doesn't like to gamble, even though all of his friends do it he is afraid of losing money

Loss Aversion 

500

Gabe just learned about investing and he thinks he can do it like a pro.  He invests $10,000 dollars his entire savings into the stock market. 

Overconfidence

Life Values

100

I feel that if I spend money I will some how get enough later to pay for it. 

Inner

200

I feel that I have to keep track of all the money I have in order to know if I can afford something

Financial 

300

I just like to spend money regardless of if I can afford it or not - If I see something I buy it

Physical

400

If I see someone else with the same pair of sunglasses, I will buy it regardless of whether or not I can afford it

Social

Potpourri

100

Which country is known as the "Land of the Rising Sun"?

Japan

200

Who wrote the novel "1984"?

George Orwell

300

What is the capital of the United States?

Washington DC

400

In Greek mythology, who is the goddess of wisdom, courage, and warfare?

Athena

500

Which actor played the character of Tony Stark (Iron Man) in the Marvel Cinematic Universe?

Robert Downey, Jr. 

Sports

100

Who holds the record for the most home runs in a single MLB season?

Barry Bonds

200

In tennis, who was the first player to win 20 Grand Slam singles titles?

Roger Federer

300

In 2022, who broke the record for most career goals in men's international football?

Cristiano Ronaldo

400

Which NFL team won the most recent Super Bowl (Super Bowl LVIII) in February 2024?

Kansas City Chiefs

500

Which team won the second most world series titles?

St. Louis Cardinals