Half-semester test, 7th May, 11:15 - Group 2

Please rememeber that you have 35 minutes to write the test. You should not submit the task after that time.

1. Describe what pain of paying is. Provide several specific propositions about how it may be increased when people spend money on products that are bad for their health (e.g., sweets) or for the environment (e.g., plastic bags, plastic straws).
2. Do heuristics always lead to biased decisions? Justify your answer using an example.
3. Describe the main differences between the Eastern holistic and the Western analytic decision-making style. Provide examples of ways in which Westerners could benefit from adopting elements of the Eastern approach.