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A rollercoaster ride elicits an initial feeling of fear followed by a feeling of exhilaration. After repeated experiences, the initial fear responses may become weaker, whereas the rebound responses grow stronger. This process is called _____ theory.
Long-Term Costs
Expenses or implications that occur over an extended period, often considered when making decisions that have lasting impacts.
Predicted Benefits
Expected advantages or improvements that result from a particular action or policy.
System-1
Fast, automatic, intuitive approach of processing information, often contrasted with the slower, more deliberate reasoning of System 2.
System-2
A term used in psychology referring to the analytical and conscious mode of thinking, characterized by slower, more deliberate, and logical reasoning.
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