Why do behavioural economists seek to "operationalise" the concept of culture for predicting economic behaviour and recommending related policies? Comment on the potential for human values surveys to be used by economists in such efforts. In your answer, include a discussion of at least three such survey instruments.

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Behavioral economists seek to operationalize the concept of culture in order to better understand and predict economic behavior and formulate relevant policies By operationalizing culture they aim to ... View the full answer