1. Fill in the blank: DeGroot’s “stock market scam,” in which multiple predictions are sent to different potential victims, works because of —————.
A. network externalities
B. selection effects
C. the regression effect
D. the endowment effect
E. the ideomotor effect
2. Fill in the blank: The basic abandonment mechanism investigated by Strang and Macy is —————.
A. elimination by aspects
B. rational optimization
C. failure to meet a given aspiration level
D. the imitation of currently successful firms
E. legitimacy maintenance