The Certainty Effect Shows That

question 14

Multiple Choice

The certainty effect shows that

• A)people are overconfident about their choices.
• B)people prefer certain outcomes to uncertain outcomes even when the expected value of the uncertain outcome is lower.
• C)people prefer certain outcomes to uncertain outcomes even when the expected value of the uncertain outcome is higher.
• D)people prefer certain outcomes to uncertain outcomes even when the expected values are the same.

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Definitions:

Traditional Masculine Roles

Expected behaviors and responsibilities considered typical for men in a society.

Gender Norm Conformity

The extent to which individuals adhere to societal expectations and roles assigned to their gender.

Secondary Labor Market

A segment of the labor market characterized by low-paying, unstable jobs with limited prospects for growth or career advancement, often excluding benefits.

Job Turnover

The rate at which employees leave a workforce and are replaced by new ones, often indicating the job stability and employee satisfaction within an organization.