Examlex
Integrate .
Loss Averse
The psychological phenomenon where losses are perceived to be more significant than equivalent gains.
Mental Accounting
The process by which individuals categorize their money into different accounts based on subjective criteria.
Classical Conditioning
A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.
Functional Risk
The potential for a product or service to fail to perform its intended function, causing inconvenience or loss to the user.
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