The View That People Make Decisions by Determining How Likely

question 170

Multiple Choice

The view that people make decisions by determining how likely something is to happen,judging the value of the outcome,and then multiplying the two is called:

• A)psychoeconomics.
• B)the rational choice theory.
• C)an algorithm.
• D)quantitative psychology.

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Definitions:

Decision Making

The brain's method of deciding which one of many different options to pursue.

Anxious/Fearful

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Neurotic/Dissociative

Terms that describe certain psychological states or disorders; neurotic refers to mild mental disturbances, while dissociative involves a disconnection from reality, thoughts, or identity.

Antisocial Personalities

Personality disorders characterized by a long-term pattern of disregard for, or violation of, the rights of others.