After Fernanda Buys Stock in a "Hot" New Start-Up Company,the

question 325

True/False

After Fernanda buys stock in a "hot" new start-up company,the company fails and she loses all of her money. Fernanda nolonger invests in start-up companies. This is an example of negative punishment.

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Definitions:

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate dispositional traits when explaining others' behaviors.

Actor-Observer Bias

A tendency to attribute one's own actions to external causes while attributing others' actions to their internal characteristics.

Illusory Correlation

The perception of a relationship between two variables when no such relationship actually exists.

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and ignore situational factors in judging others' behavior.