Romanian Orphans Have Been Intensely Studied Because They Are a Group

question 12

Multiple Choice

Romanian orphans have been intensely studied because they are a group of children who were raised in orphanages without the opportunity to develop attachment relationships. After the fall of the Ceausescu regime in 1989, many of these children were adopted into British families. When compared to noninstitutionalized children, Romanian orphans tended to demonstrate which of the following behaviors once they had been adopted?

• A) indiscriminate friendliness
• B) high levels of internalizing symptoms
• C) a wariness of strangers
• D) low levels of positive emotion

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Definitions:

Sealed Bid Auctions

Auctions in which all bidders simultaneously submit sealed bids, with no knowledge of the bid amounts offered by competitors.

Oral Auctions

A public bidding event where bids are made through spoken communication.

Winner's Curse

A phenomenon that occurs in common value auctions, where the winner tends to overpay due to overly optimistic estimation of the asset's value.

Optimistic Estimate

A projection or forecast that assumes the most favorable conditions and outcomes.