Examlex
Enacted norms are rules that are:
Risk Averse
Characteristic of individuals or entities that prefer to avoid risks and opt for safer options when making decisions.
Loss Averse
A cognitive bias that describes why for individuals the pain of losing is psychologically about twice as powerful as the pleasure of gaining.
Benefits
The positive effects or advantages derived from a particular action, decision, or situation.
Status Quo
The existing state of affairs or the current condition, typically used in the context of social, political, or economic issues.
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