When Steps Were Taken to Ensure That Participants Fully Understood

question 11

Multiple Choice

When steps were taken to ensure that participants fully understood the story, by making the category of a bank teller explicit, Tversky and Kahneman (1983) found that:

• A) The conjunction fallacy disappeared statistically
• B) The conjunction fallacy increased in magnitude
• C) There remained a strong (though somewhat reduced) conjunction fallacy effect
• D) People became more risk averse
• E) People became more risk seeking

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Definitions:

Task Force

A temporary group of employees responsible for bringing about a particular change.

Group Of Employees

A collective of individuals who work together in the same organization and contribute towards achieving the organization's goals and objectives.