Deliverable Length: 4- Paragraphs
From our learning this unit we discovered that there are 5 different types of behavioral traps:
the time delay trap
the investment trap
the deterioration trap
the ignorance trap
the collective trap
Remember that behavioral traps are almost always identified in hindsight but an awareness of them can help us, as decision makers, avoid becoming "trapped."
Post an answer to the following questions:
1-Based on your reading and research, in your opinion, which one of the 5 behavioral traps listed above do you believe is the easiest to fall into and which one is the easiest to avoid? Be sure to support your conclusions for each trap (avoid putting both findings and support in the same block paragraph).
2-Identify an example of how an individual may fall into one of the traps you identified. Be sure to clearly identify "which" trap the example relates toward as well as "why" it is applicable.
Reference in APA style, please.