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Which of the Following Assumptions Concerning Individual Behaviour in Risky

question 68

Multiple Choice

Which of the following assumptions concerning individual behaviour in risky situations guarantees that individuals will be willing to make trade offs between risky and riskless prospects?


Definitions:

Thorndike

An American psychologist famous for his work on learning theory that led to the development of operant conditioning within behaviorism.

Skinner

B.F. Skinner was a psychologist and behaviorist who developed theories of operant conditioning and introduced the concept of reinforcement.

Skinner Box

An experimental device used in behavior analysis to study animal behavior, particularly the effects of reinforcements on behavior.

Cognitive Learning

The acquisition of knowledge and understanding through thought, experience, and the senses.

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