The Tendency to Avoid Making a Decision Is

question 183

Multiple Choice

The tendency to avoid making a decision is:

• A)status quo bias.
• B)bounded rationality.
• C)loss aversion.
• D)mental accounting.

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Definitions:

Unstated Assumptions

Implicit premises or beliefs that underpin arguments or decisions, which are not explicitly expressed.

Learning Tool

A resource, device, or strategy used to facilitate learning and improve understanding of a subject.

Psychological Knowledge

Understanding and insights related to the human mind and behavior, encompassing aspects of cognition, emotion, and interpersonal relationships.

Destructive Purposes

Activities or actions undertaken with the intention of causing harm or destruction to objects, systems, or beings.