The Maximin Criterion Is Preferred by Optimistic Decision Makers

question 24

True/False

The maximin criterion is preferred by optimistic decision makers.

---

Definitions:

Self-Fulfilling Prophecies

Expectations about a situation or person that lead to behaviors which cause the expectation to come true.

Cognitive Dissonance

A psychological concept describing the discomfort felt when holding conflicting cognition, beliefs, or values, prompting individuals to seek consistency.

Festinger

Leon Festinger was a social psychologist known for the theory of cognitive dissonance, which describes the discomfort felt when holding conflicting beliefs or values.

Communicator

A person or device that conveys information or facilitates communication between parties.